'Hire and Fire' is the policy of - (1) Capitalism (2) Socialism (3) Mixed Economy (4) Traditional Economy

'Hire and Fire' is the policy of - (1) Capitalism (2) Socialism (3) Mixed Economy (4) Traditional Economy
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(3) Mixed Economy Explanation: In capitalism, people may sell or lend their properly, and other people may buy or borrow them. In many countries with mixed economies (part capitalism and part socialism) there are laws about what we can buy or sell, or what prices we can charge, or whom we can hire or fire.
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In a free enterprise economy, resource allocation is determined by - (1) the pattern of consumers' spending (2) the wealth of the entrepreneurs (3) decision of the Government (4) the traditional employment of factors

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In a free enterprise economy, resource allocation is determined by (1) the pattern of consumers’ spending (2) the wealth of the entrepreneurs (3) decision of the Government (4) the traditional employment of factors

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In which policy India opted for ‘Mixed Economy’? -General Knowledge

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Last Answer : The answer is 'Industrial Policy of 1948'

In which policy India opted for ‘Mixed Economy’? -General Knowledge

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In which policy India opted for ‘Mixed Economy’? -General Knowledge

Description : In which policy India opted for ‘Mixed Economy’? -General Knowledge

Last Answer : answer:

1. Which country has the briefest Constitution in the world? 2. Which petroleum refinery product has the lowest boiling point? 3. In which policy India opted for ‘Mixed Economy’? 4. In which state has India’s largest private sector sea port been commissioned recently? 5. By whom was the 'Shahnama' written?

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How can we stop socialism? The buck can't just stop at healthcare. Police, fire departments, public transportation, and public schools are all deeply entrenched socialist institutions.

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Mixed Economy means : (1) Promoting both agriculture and industries in the economy (2) Co-existence of public and private sectors (3) Co-existence of rich and poor (4) Co-existence of small and large industries

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Last Answer : (2) Co-existence of public and private sectors Explanation: A mixed economy is variously defined as an economic system consisting of a mixture of either markets and economic planning, public ... economies are mixed where the means of production are shared between the private and public sectors.

‘Mixed economy’ refers to (1) the co-existence of heavy, small scale and cottage industries (2) the promotion of agriculture as well as cottage industries (3) the co-existence of rich as well as poor (4) the co-existence of public as well as private sector

Description : ‘Mixed economy’ refers to (1) the co-existence of heavy, small scale and cottage industries (2) the promotion of agriculture as well as cottage industries (3) the co-existence of rich as well as poor (4) the co-existence of public as well as private sector

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With which form of economy is the term ‘Laissez-faire’ associated ? (1) Capitalist economy (2) Socialist economy (3) Mixed economy (4) Command economy

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Mixed Economy means : (1) Promoting both agriculture and industries in the economy (2) Co-existence of public and private sectors (3) Co-existence of rich and poor (4) Co-existence of small and large industries

Description : Mixed Economy means : (1) Promoting both agriculture and industries in the economy (2) Co-existence of public and private sectors (3) Co-existence of rich and poor (4) Co-existence of small and large industries 

Last Answer :  Co-existence of public and private sectors

A mixed economy refers to an economic system where (1) The economy functions with foreign collaboration (2) Only the private sector operates under government control (3) Both the government and the private sectors operate sectors operate simultaneously (4) No foreign investment is allowed

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Last Answer : Both the government and the private sectors operate sectors operate simultaneously

An economy in which there are no flows of labour, goods or money to and from other nations is a/an (1) slow economy (2) mixed economy (3) closed economy (4) open economy

Description : An economy in which there are no flows of labour, goods or money to and from other nations is a/an (1) slow economy (2) mixed economy (3) closed economy (4) open economy

Last Answer : closed economy

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

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 : Closed economy

Price mechanism is a feature of (1) Capitalist economy (2) Barter economy (3) Mixed economy (4) Socialist economy

Description : Price mechanism is a feature of (1) Capitalist economy (2) Barter economy (3) Mixed economy (4) Socialist economy

Last Answer : Capitalist economy

The major objective of monetary policy is to - (1) increase government's tax revenue (2) revamp the Public Distribution System (3) Promote economic growth with price stability (4) weed out corruption in the economy

Description : The major objective of monetary policy is to - (1) increase government's tax revenue (2) revamp the Public Distribution System (3) Promote economic growth with price stability (4) weed out corruption in the economy

Last Answer : (3) Promote economic growth with price stability Explanation: The main objective of monetary policy is to control the supply of money, often targeting an inflation rate or interest rate ... usually to contribute to lower unemployment, and to maintain predictable exchange rates with other currencies.

"Closed Economy" means : (1) no provision for public sector (2) no provision for private sector (3) economy policy not well defined (4) a country having no imports and exports

Description : "Closed Economy" means : (1) no provision for public sector (2) no provision for private sector (3) economy policy not well defined (4) a country having no imports and exports

Last Answer : (4) a country having no imports and exports Explanation: Closed economy is an economy in which no activity is conducted with outside economies. A closed economy is self-sufficient, meaning that no ... The goal is to provide consumers with everything that they need from within the economy's borders.

Which one of the following is not a function of the central bank in an economy? (1) Dealing with foreign exchange (2) Controlling monetary policy (3) Controlling government spending (4) Acting as a banker's bank

Description : Which one of the following is not a function of the central bank in an economy? (1) Dealing with foreign exchange (2) Controlling monetary policy (3) Controlling government spending (4) Acting as a banker's bank

Last Answer : (3) Controlling government spending Explanation: A central bank, reserve bank, or monetary authority is a public institution that manages a state’s currency, money supply, and interest rates. Central banks also usually oversee the commercial banking system of their respective countries.

motion that seeks to reduce the amount of demand presented by government to Re. 1 /is known as - (1) Disapproval of policy Cut (2) Token cut (3) Economy cut (4) Vote on account

Description : motion that seeks to reduce the amount of demand presented by government to Re. 1 /is known as - (1) Disapproval of policy Cut (2) Token cut (3) Economy cut (4) Vote on account

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The deliberate action of the government to stabilize the economy, as opposed to the inherent automatic stabilizing properties of the fiscal system, is known as a) Forced fiscal policy b) Manual fiscal policy c) Discretionary fiscal policy d) Automatic fiscal policy

Description : The deliberate action of the government to stabilize the economy, as opposed to the inherent automatic stabilizing properties of the fiscal system, is known as a) Forced fiscal policy b) Manual fiscal policy c) Discretionary fiscal policy d) Automatic fiscal policy

Last Answer : c) Discretionary fiscal policy

“Closed Economy” means: (1) no provision for public sector (2) no provision for private sector (3) economy policy not well defined (4) a country having no imports and exports

Description : “Closed Economy” means: (1) no provision for public sector (2) no provision for private sector (3) economy policy not well defined (4) a country having no imports and exports

Last Answer :  a country having no imports and exports

The major objective of monetary policy is to (1) increase government’s tax revenue (2) revamp the Public Distribution System (3) Promote economic growth with price stability (4) weed out corruption in the economy

Description : The major objective of monetary policy is to (1) increase government’s tax revenue (2) revamp the Public Distribution System (3) Promote economic growth with price stability (4) weed out corruption in the economy 

Last Answer : Promote economic growth with price stability

Which one of the following is not a function of the central bank in an economy ? (1) Dealing with foreign exchange (2) Controlling monetary policy (3) Controlling government spending (4) Acting as a banker’s bank

Description : Which one of the following is not a function of the central bank in an economy ? (1) Dealing with foreign exchange (2) Controlling monetary policy (3) Controlling government spending (4) Acting as a banker’s bank

Last Answer : Controlling government spending

A motion that seeks to reduce the amount of demand presented by government to Re. 1/is known as (1) Disapproval of policy Cut (2) Token cut (3) Economy cut (4) Vote on account

Description : A motion that seeks to reduce the amount of demand presented by government to Re. 1/is known as (1) Disapproval of policy Cut (2) Token cut (3) Economy cut (4) Vote on account

Last Answer : Disapproval of policy Cut

Does the violent legacy of 20th century socialism prove that socialism is a bad idea (read more)?

Description : Does the violent legacy of 20th century socialism prove that socialism is a bad idea (read more)?

Last Answer : Can you point to what examples you are citing of violent socialist legacies?

Could there ever be a free market, laissez-faire capitalist world without poor people or is socialism the only solution to ending poverty?

Description : Could there ever be a free market, laissez-faire capitalist world without poor people or is socialism the only solution to ending poverty?

Last Answer : “Could there ever be a free market, laissez-faire capitalist world without poor people” No. On the contrary, it requires poor people in order to function.

Laissez-faire economics refers to: a) a term denoting economic transactions carried out by the State/government b) economic transactions in private parties where there is no intervention by the State/government c) a branch of socialism focusing on welfare economics d) None of the above

Description : Laissez-faire economics refers to: a) a term denoting economic transactions carried out by the State/government b) economic transactions in private parties where there is no intervention by the State/government c) a branch of socialism focusing on welfare economics d) None of the above

Last Answer : b) economic transactions in private parties where there is no intervention by the State/government

Friedrich Hayek was a proponent of : a) Keynesian economics b) Communism c) Classical Liberalism d) Socialism

Description : Friedrich Hayek was a proponent of : a) Keynesian economics b) Communism c) Classical Liberalism d) Socialism

Last Answer : : c) Classical Liberalism

Why do first world countries encourage democracy, and capitalism, in poorer countries then smash them down ? (Details Inside)

Description : Why do first world countries encourage democracy, and capitalism, in poorer countries then smash them down ? (Details Inside)

Last Answer : Well, the least to say: its a very complex matter i think. Its tough to make a generalized conclusion. You can find examples for the good and the bad. Developed nations have different interests and ... . The interest of developed nations are not free from selfish acts, but can be positive as well.