ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The purpose of government in a command economy is to: Make major economic decisions. Which of the following is NOT considered an economic and social goal: Entrepreneurship.

Detailed explanation-2: -Which of the following is NOT considered an economic and social goal? Entrepreneurship.

Detailed explanation-3: -strive to achieGe a set of broad social goals, usually including economic freedom, efficiency, equity, growth, and stability.

Detailed explanation-4: -In the United States, there are seven major economic and social goals that are accepted and shared by the American nation. These seven goals are economic freedom, economic equity, economic security, economic growth, economic efficiency, price stability, and full employment.

Detailed explanation-5: -In this lesson, students learn about broad social goals: economic efficiency, economic equity, economic freedom, economic growth, economic security, and economic stability.