Sawaal
5
Q:

Capitalism falls under _ economic system?

A) Market B) Planned
C) Command D) Mixed

Answer:   A) Market



Explanation:

Capitalism is an economic system in which private individuals or businesses own capital goods i.e, economy is characterized by private ownership of the means of production. The production of goods and services is based on supply and demand in the general market known as a market economy and not on central planning known as a planned economy.

Subject: Indian Economy
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