ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC SYSTEMS

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
True/False:There are NO countries with pure command economies in the world.
A
True
B
False
C
Either A or B
D
None of the above
Explanation: 

Detailed explanation-1: -The given statement is FALSE. As the command economies are controlled by the government, the pure market economies are entirely controlled through private ownership.

There is 1 question to complete.