Description : Consider the following Statements: Indicative Planning is a feature of Mixed Economy'. Perspective Planning is used by socialist countries where each and every aspect of planning is controlled by the State. Which of the above Statement( ... B. B Only 2 C. C Both 1 and 2 D. D Neither 1 nor 2
Last Answer : A. A Only 1
Description : Price mechanism is a feature of - (1) Capitalist economy (2) Barter economy (3) Mixed economy (4) Socialist economy
Last Answer : (1) Capitalist economy Explanation: Price mechanism is an economic term that refers to the manner in which the prices of commodities affect the demand and supply of goods and services. It is ... that only by allowing prices to move freely will the supply of any given commodity match demand.
Description : Price mechanism is a feature of (1) Capitalist economy (2) Barter economy (3) Mixed economy (4) Socialist economy
Last Answer : Capitalist economy
Description : With which form of economy is the term 'Laissez-faire' associated? (1) Capitalist economy (2) Socialist economy (3) Mixed economy (4) Command economy
Last Answer : (1) Capitalist economy Explanation: In economics, laissez-faire means allowing industry to be free of state intervention, especially restrictions in the form of tariffs and government monopolies. ... industrial growth in the late 19th century both occurred in a laissezfaire capitalist environment.
Description : Which of the following types of economy is an example of sustainable economy? A. Capitalist Economy B. Mixed Economy C. Socialist Economy D. Traditional Economy E. None of the Above
Last Answer : D. Traditional Economy Explanation: Traditional economies are considered sustainable because they are less harmful to the environment.
Description : With which form of economy is the term ‘Laissez-faire’ associated ? (1) Capitalist economy (2) Socialist economy (3) Mixed economy (4) Command economy
Description : The main feature of a capitalist economy is - (1) Administered prices (2) Public ownership (3) Economic planning (4) Private ownership
Last Answer : (4) Private ownership Explanation: Capitalism is an economic system that is based on private ownership of the means of production and the production of goods or services for profit. Other elements central to capitalism include capital accumulation and often competitive markets.
Description : The main feature of a capitalist economy is (1) Administered prices (2) Public ownership (3) Economic planning (4) Private ownership
Last Answer : Private ownership
Description : Laissez Faire policy is adopted in A. Socialist Economic system B. Capitalist Economic system C. Mixed Economic System D. Communist Economic System
Last Answer : B. Capitalist Economic system
Description : What is the economic system in the United States? Choose one: a. Communist economy. b. Capitalist economy. c. Socialist economy. d. None of these answers.
Last Answer : Correct Answer: b. Capitalist economy.
Description : India is good example for ________economy. A. socialist. B. mixed . C. capitalist. D. communist.
Last Answer : B. mixed .
Description : What are the differences between Capitalist economy and Socialist economy?
Last Answer : Need answer
Description : Feminism has also examined the gendered nature of different types of economic systems such as a. Capitalist. b. Feudal. c. Socialist. d. All of the above.
Last Answer : d. All of the above.
Description : Which statement about the US economy is wrong? (A) The US has a capitalist mixed economy. (B) The US national debt is the world's largest. (C) The US economy is shaped by the country's ... infrastructure, and high productivity. (D) The USA is the largest exporter and importer of goods in the world.
Last Answer : (D) The USA is the largest exporter and importer of goods in the world.
Description : Which of the following is not a feature of a capitalist economy? (1) Right to private property (2) Existence of competition (3) Service motive (4) Freedom of choice to consumers
Last Answer : Service motive
Description : The principle of “let the buyer be aware “ is based on the _____________theory A. Capitalist B. Consumer C. Free-market D. None of the above
Last Answer : C. Free-market
Description : If you were told to create a political and economical socialist system that has all the advantages of the historical attempts at it, all the advantages of capitalist systems, but none of the drawbacks of either, how would the end result look like? And please, no answers á la "it can't be done".
Last Answer : …it would be as it is now- a multi-faceted global society with the ability to address concerns for reduction and/or expansion of the polity…renew, reuse, recycle…
Description : Which one of the following generation says that human rights are collective rights of a nation? a) Socialist and Third World Countries b) Communist Countries c) Capitalist Countries d) None of them
Last Answer : a) Socialist and Third World Countries
Description : Which countries of the following say that the western idea of civil and political rights are nothing but hollow promises to give the false consciousness to the people that they are living an empowered ... life? a) Capitalist Countries b) Socialist Countries c) Communist Countries d) None of them
Last Answer : b) Socialist Countries
Description : The second generations of human rights are rooted in the thinking of......... a) Capitalist Countries b) Socialist Countries c) Communist Countries d) None of them
Description : Can there be a situation where over-regulation of a free capitalist economy lead to economic socialism?
Last Answer : answer:I think that the amount of regulation necessary would be unlikely. Also, it would have to actively take wealth and redistribute it, which goes beyond any contemplated regulation.
Description : An economy which does not have any relation with the rest of the world is known as (1) Socialist economy (2) Closed economy (3) Open economy (4) Mixed economy
Last Answer : (2) Closed economy Explanation: A Closed economy is an economy in which no activity is conducted with outside economies. A closed economy is self-sufficient, meaning that no imports are brought in ... The goal is to provide consumers with everything that they need from within the economy's borders.
Last Answer : Closed economy
Description : Economic development is characterized by A. Structural change in the economy B. Change in the occupational structure C. Both a and b D. None of the above
Last Answer : C. Both a and b
Description : Which of the following explains the term economic growth? A. Increase in per capita production B. Increase in per capita real income C. Structural change in the economy D. All the above are right
Last Answer : D. All the above are right
Description : Which of the following explains economic growth: A. Increase in per capita production B. Increase in per capita real income C. structural change in the economy D. all the above are right
Last Answer : D. all the above are right
Description : Which of the following statements best reflects the `socialist' feature of the Preamble to the Constitution of India? (1) There are no unreasonable restrictions on how the citizens express their ... industry to reduce socio-economic inequalities (4) No one should treat a fellow citizen as inferior
Last Answer : (3) Government should regulate the ownership of land and industry to reduce socioeconomic inequalities Explanation: Government should regulate the ownership of land and industry to reduce socioeconomic inequalities. ... to fulfill the basic necessities of all and equal pay provision for equal work.
Description : Which of the following statements best reflects the "socialist" feature of the Preamble to the Constitution of India? (1) There are no unreasonable restrictions on how the citizens express their ... regulate the ownership of land and industry to reduce socio-economic inequalities (4) No one sh
Last Answer : (3) Government should regulate the ownership of land and industry to reduce socio-economic inequalities
Description : Economic planning is in? A. Union list B. State list C. Concurrent list D. Not any specified list E. None of these
Last Answer : C. Concurrent list
Description : The concept of Economic Planning in India is derived from? A. USA B. UK C. Australia D. Russia
Last Answer : D. Russia
Description : During the 1970s, the European Union, in its quest for monetary union, adopted what came to be referred to as the Community Snake This device was a (an): A. Adjustable pegged ... Dual exchange rate system C. Jointly floating exchange rate system D. Freely floating exchange rate system
Last Answer : C. Jointly floating exchange rate system
Description : A primary objective of dual exchange rates is to allow a country the ability to insulate its balance of payments from net: A. Current account transactions B. Unilateral transfers C. Merchandise trade transactions D. Capital account transactions
Last Answer : D. Capital account transactions
Description : Which exchange-rate system does not require monetary reserves for official exchange rate intervention? A. Floating exchange rates B. Pegged exchange rates C. Managed floating exchange rates D. Dual exchange rates
Last Answer : A. Floating exchange rates
Last Answer : D. Capital account transaction
Description : Which exchange-rate mechanism calls for frequent redefining of the par value by small amounts to remove a payments disequilibrium? A. Dual Exchange rates B. Adjustable Pegged Exchange Rates C. Managed Floating Exchange Rates D. Crawling Pegged Exchange Rate
Last Answer : D. Crawling Pegged Exchange Rate
Description : Which exchange-rate mechanism is intended to insulate the balance of payments from short-term capital movements while providing exchange rate stability for commercial transactions? A. Dual ... Floating Exchange Rates C. Adjustable Pegged Exchange Rates D. Crawling Pegged Exchange Rates
Last Answer : A. Dual Exchange Rates
Description : When a seller requires that a dealer not handle competitors' products, the agreement is called a/an A. Exclusive distribution B. Exclusive dealing C. Control criterion D. Dual distribution
Last Answer : D. Dual distribution
Description : in a capitalist economy, organizations seldom reorganize due to changing markets. -General Knowledge
Last Answer : The given statement is false.
Description : What is capitalist economy ?
Last Answer : An economy in which the elements of production are privately owned is called a capitalist economy. In this economy , all kinds of economic activities are conducted through private pricing, ... throughout Europe. The classical economist Adam Smith and his followers also supported this measure.
Description : Who Of the following reflects a bust phase in a capitalist economy?
Last Answer : What is the answer ?
Description : Which of the following is not a feat tare of a capitalist economy? (1) Right to private property (2) Existence of competition (3) Service motive (4) Freedom of choice to consumers
Last Answer : (3) Service motive Explanation: Capitalism is an economic system in which each individual in his capacity as a consumer, producer, and resource owner is engaged in economic activity with a large ... of businessmen, farmers, producers, including that of wage-earners are based on the profit motive.
Description : ……………. regions benefited the most from the Capitalist World Economy (a) Core (b) Periphery (c) Semi-periphery (d) None of the above
Last Answer : (a) Core
Description : A warranty is a stipulation which is A. Essential to the main purpose of contract of sale. B. Essential for buyer's specific purpose. C. Collateral to the main purpose of contract of sale. D. None of these
Last Answer : C. Collateral to the main purpose of contract of sale.
Description : A stipulation which is essential to the main purpose of the contract and if proved false, gives the buyer a right to terminate the contract, is legally known as A. Condition B. Warranty C. Guarantee D. None of these
Last Answer : A. Condition
Description : A mixed economy works primarily through the - (1) market mechanism (2) central allocative machinery (3) market mechanism regulated by Government policy (4) market mechanism guided by Government participation and planning
Last Answer : (4) market mechanism guided by Government participation and planning Explanation: Mixed economy is an economic system in which both the state and private sector direct the economy, ... enterprises and the accumulation of capital remain the fundamental driving force behind economic activity.
Description : A mixed economy works primarily through the (1) market mechanism (2) central allocative machinery (3) market mechanism regulated by Government policy (4) market mechanism guided by Government participation and planning
Last Answer : market mechanism guided by Government participation and planning
Description : Does democracy necessarily imply a capitalist economic system?
Last Answer : Nope. Nothing has to mean anything. Our nation, along with everything else, is what we make it- both in how we act and how we perceive it. Though, I must add that democracy is highly susceptible to capitalism.
Description : Which form of feminism is most committed to challenging the essential nature of the category ‘women’? [A] Liberal [B] Socialist [C] Radical [D] Postmodern
Last Answer : [D] Postmodern