SSC
INDIAN ECONOMY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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only private interference is exist in which type of economy
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mixed
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capitalist
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other
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None of the above
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Explanation:
Detailed explanation-1: -Pure capitalism refers to an economic system that is private and free. In a pure capitalist system, private businesses compete in the market without any interference from the government. In contrast, in a mixed economic system, private property ownership is permitted but there is some governmental interference.
Detailed explanation-2: -3. Capitalism is an economic system in which capital goods are owned by private individuals.
There is 1 question to complete.