Advertisements
Advertisements
Question
Fill in the blank by choosing the correct alternatives.
In a capitalist economy, means of production are owned, controlled and operated by ____________.
Options
Government
society
private individuals
MCQ
Fill in the Blanks
Solution
In a capitalist economy, means of production are owned, controlled and operated by private individuals.
shaalaa.com
Types of Economy
Is there an error in this question or solution?
APPEARS IN
RELATED QUESTIONS
Explain the types of economies by filling correct information in the place of questions in the circle.
Give an explanation:
India’s economy is of mixed type.
Give an explanation:
On the basis of economies, we can divide countries into three groups.
Write the following question in one line:
In a capitalistic economy, to whom does the ownership and management of means of production belong?
