Question : The consumer is compared to a king under _______.
Option 1: socialism
Option 2: mixed economy
Option 3: communism
Option 4: capitalism
Correct Answer: capitalism
Solution : The correct answer is capitalism.
The consumer plays a central role in the capitalist economy. In a capitalist system, consumers wield considerable influence through their choices, preferences, and purchasing power. This influence drives competition, innovation, and economic growth, making consumers a central, and powerful force in shaping the marketplace.
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