ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC SYSTEMS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Businesses have freedom to produce whatever they think consumers will buy
A
Market
B
Command
C
Mixed
D
Traditional
Explanation: 

Detailed explanation-1: -Economic freedom is that consumers are free to choose what to buy, their jobs, their employers, what they use their money for. Business owners can choose when, where, and what they produce. Economic freedom is one of the cornerstones of American society.

There is 1 question to complete.