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

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

Economic Planning is an essential feature of: A. Capitalist economy B. Socialist Economy C. Mixed Economy D. Dual Economy

Description : Economic Planning is an essential feature of: A. Capitalist economy B. Socialist Economy C. Mixed Economy D. Dual Economy

Last Answer : B. Socialist Economy

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

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

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

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.

Laissez Faire policy is adopted in A. Socialist Economic system B. Capitalist Economic system C. Mixed Economic System D. Communist Economic System

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

India is good example for ________economy. A. socialist. B. mixed . C. capitalist. D. communist.

Description : India is good example for ________economy. A. socialist. B. mixed . C. capitalist. D. communist.

Last Answer : B. mixed .

The main feature of a capitalist economy is - (1) Administered prices (2) Public ownership (3) Economic planning (4) Private ownership

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.

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

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

The main feature of a capitalist economy is (1) Administered prices (2) Public ownership (3) Economic planning (4) Private ownership

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

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(s) is/are correct? A. A Only 1 B. B Only 2 C. C Both 1 and 2 D. D Neither 1 nor 2

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

What are the differences between Capitalist economy and Socialist economy?

Description : What are the differences between Capitalist economy and Socialist economy?

Last Answer : Need answer

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.

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.

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 : (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.

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

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

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.

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

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

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 huge natural resources, well developed infrastructure, and high productivity. (D) The USA is the largest exporter and importer of goods in the world.

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. 

Can there be a situation where over-regulation of a free capitalist economy lead to economic socialism?

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.

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

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.

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".

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…

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.

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.

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

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

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 and dignified life? a) Capitalist Countries b) Socialist Countries c) Communist Countries d) None of them

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

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 : 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

Last Answer : b) Socialist Countries

People barter and trade goods. Economic decisions are based on customs. Economies are usually rural and farm-based. Which economic system is described by the list A. mixed B. market C. traditional D. command?

Description : People barter and trade goods. Economic decisions are based on customs. Economies are usually rural and farm-based. Which economic system is described by the list A. mixed B. market C. traditional D. command?

Last Answer : c

Do you think that if the economy doesn't get back on its feet, we will resort back to a legal barter system at least partially?

Description : Do you think that if the economy doesn't get back on its feet, we will resort back to a legal barter system at least partially?

Last Answer : I have been bartering for years to some extent. You should see my pearly white veneers and the beautiful kitchen my dentist has! (Hubby is a contractor.)

Identify the condition when both the parties in a barter economy have to agree to sell and buy each other's commodities? What is it called ? -SST 10th

Description : Identify the condition when both the parties in a barter economy have to agree to sell and buy each other's commodities? What is it called ? -SST 10th

Last Answer : The situation mentioned in case of a barter economy is called Double Coincidence of Wants.

Recognize the situation when both the parties in a barter economy have to agree to sell and buy each other's commodities ? -SST 10th

Description : Recognize the situation when both the parties in a barter economy have to agree to sell and buy each other's commodities ? -SST 10th

Last Answer : This is known as double coincidence of wants.

A barter economy is?

Description : A barter economy is?

Last Answer : an economic system based on exchanging goods instead of money.

in a capitalist economy, organizations seldom reorganize due to changing markets. -General Knowledge

Description : in a capitalist economy, organizations seldom reorganize due to changing markets. -General Knowledge

Last Answer : The given statement is false.

What is capitalist economy ?

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.

Who Of the following reflects a bust phase in a capitalist economy?

Description : Who Of the following reflects a bust phase in a capitalist economy?

Last Answer : What is the answer ?

……………. regions benefited the most from the Capitalist World Economy (a) Core (b) Periphery (c) Semi-periphery (d) None of the above

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

What are the advantages and disadvantages of the barter system over the use of money?

Description : What are the advantages and disadvantages of the barter system over the use of money?

Last Answer : Tax avoidance

Barter transactions means - (1) Goods are exchanged with gold. (2) Coins are exchanged for goods. (3) Money acts as a medium of exchange. (4) Goods are exchanged with goods.

Description : Barter transactions means - (1) Goods are exchanged with gold. (2) Coins are exchanged for goods. (3) Money acts as a medium of exchange. (4) Goods are exchanged with goods.

Last Answer : (4) Goods are exchanged with goods. Explanation: Barter is a system of exchange where goods or services are directly exchanged for other goods or services without using a medium of exchange, ... crisis, such as when the currency may be either unstable or simply unavailable for conducting commerce,

Exchange of goods against goods is called (a) Charter (b) Barter © Hunter (d) None of them.

Description : Exchange of goods against goods is called (a) Charter (b) Barter © Hunter (d) None of them.

Last Answer : (b) Barter

Barter transactions means (1) Goods are exchanged with gold. (2) Coins are exchanged for goods. (3) Money acts as a medium of exchange. (4) Goods are exchanged with goods.

Description : Barter transactions means (1) Goods are exchanged with gold. (2) Coins are exchanged for goods. (3) Money acts as a medium of exchange. (4) Goods are exchanged with goods.

Last Answer : Goods are exchanged with goods.

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.

Is the "Pyramid of the Capitalist System" still applicable in today's society?

Description : Is the "Pyramid of the Capitalist System" still applicable in today's society?

Last Answer : Only if the top caption read “we own you”.

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

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

Last Answer : (3) Both the government and the private sectors operate sectors operate simultaneously Explanation: Mixed economy is an economic system in which both the state and private sector direct the ... and that the government wields indirect influence over the economy through fiscal arid monetary policies.

'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

Last Answer : (4) the co-existence of public as well as private sector Explanation: Mixed economy is an economic system in which both the state and private sector direct the economy, reflecting characteristics of both market economies and planned economies.

Aneconomy 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 : Aneconomy 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 : (3) closed economy Explanation: An economy that does not interact with the economy of any other country is known as closed economy. A closed economy is selfsufficient, meaning no imports are brought in ... It is the opposite of an open economy, in which a country conducts trade with outside regions.

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 : (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.

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

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

Last Answer : (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 ... we can buy or sell, or what prices we can charge, or whom we can hire or fire.

‘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

Last Answer : the co-existence of public as well as private sector

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

Description : 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

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

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

Description : ‘Hire and Fire’ is the policy of (1) Capitalism (2) Socialism (3) Mixed Economy (4) Traditional Economy

Last Answer : Mixed Economy