Advertisements
Advertisements
प्रश्न
Mention the two main features of Capitalism.
उत्तर
Under this system the productive wealth remains in private hands. Therefore, the owners of wealth have exclusive right to the things that belonged to them.The entire economy is governed by the market forces, i.e., the forces of Demand and Supply. The word Demand here denotes What consumers are willing to consume. The word Supply refers to the quantity in which the producers are able to produce the goods in demand.
APPEARS IN
संबंधित प्रश्न
What is meant by the Industrial Revolution?
Mention any two causes responsible for Industrialisation in England.
What is a Capitalist system?
Name that famous work by Marx and Engels (published in 1848) which marked the advent of Marxism Socialism or Communism.
Name any two prominent leaders of the Socialist Party founded in India in 1934.
Describe the differences or dissimilarities between Capitalism and Socialism under the following heading:
Profit Maximisation versus Social Cohesion
How does India uphold socialist principles?
With reference to Capitalism and Socialism, state the following:
Two key proponents each of Capitalism and Socialism.
With reference to Capitalism and Socialism, state the following:
What according to you is better of the two economic systems? Give reasons to support your answer.
Socialism can mean a variety of different Ideologies. In this context describe the following:
The Main Ideas of Marx and Engles
