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प्रश्न
Which of the following is a feature of capitalistic economy?
विकल्प
Social welfare
Absence of competition
Government is the only producer
Freedom of enterprise
MCQ
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उत्तर
Freedom of enterprise
Explanation:
A key feature of a capitalistic economy is the freedom of enterprise, meaning individuals and businesses have the freedom to operate and compete in the market with minimal government intervention. Capitalism is characterized by private ownership of resources and profit motive driving economic activities. In contrast, social welfare and government being the only producer are features of socialism and the absence of competition contradicts the competitive nature of capitalism.
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