Question

Identify the appropriate term from the given options and rewrite it against the given statement:

Globalisation, Moksha, Lesbian, Weaker sections, Urban community, Gay

It is a market-based economy.

Answer 1

Urban community

Explanation:

Cities/urban communities are organised around markets and financial systems, and marketisation (production and exchange driven by supply, demand and profit motive) is an essential feature of urban centres.