Question : When means of production are owned, controlled and operated by government sector.
Option 1: Capitalist economy
Option 2: Socialist economy
Option 3: Mixed economy
Option 4: All of the above.
Answer (1)
24th Jan, 2024
Correct Answer:
Socialist economy
Solution :
Socialist economy is means of production are owned, controlled and operated by government sector.
Hence Option B is correct.
Comments (0)
