Tamil Nadu Board of Secondary EducationHSC Commerce Class 12th

Identify the economic system where only private ownership of production exists. - Economics

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MCQ

Identify the economic system where only private ownership of production exists.

Options

  • Capitalistic Economy

  • Socialistic Economy

  • Globalisic Economy

  • Mixed Economy

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Solution

Capitalistic Economy

Concept: Economic Systems
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APPEARS IN

Tamil Nadu Board Samacheer Kalvi Class 12th Economics Answers Guide
Chapter 1 Introduction to Macro Economics
Model Questions | Q 11. | Page 16
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