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Consider the following statements.1. In a capitalist society the goods produced are distributed among people on the basis of what people need2. In a socialist society It is assumed that the government knows what is good for the people of the country and so the desires of individual consumers are given much importance3. In a mixed economy, the market will provide whatever goods and services it can produce wellWhich of the statements is/are correct?a) 1 Onlyb) 2 Onlyc) 3 Onlyd) None of themCorrect answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared
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the UPSC exam syllabus. Information about Consider the following statements.1. In a capitalist society the goods produced are distributed among people on the basis of what people need2. In a socialist society It is assumed that the government knows what is good for the people of the country and so the desires of individual consumers are given much importance3. In a mixed economy, the market will provide whatever goods and services it can produce wellWhich of the statements is/are correct?a) 1 Onlyb) 2 Onlyc) 3 Onlyd) None of themCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam.
Find important definitions, questions, meanings, examples, exercises and tests below for Consider the following statements.1. In a capitalist society the goods produced are distributed among people on the basis of what people need2. In a socialist society It is assumed that the government knows what is good for the people of the country and so the desires of individual consumers are given much importance3. In a mixed economy, the market will provide whatever goods and services it can produce wellWhich of the statements is/are correct?a) 1 Onlyb) 2 Onlyc) 3 Onlyd) None of themCorrect answer is option 'D'. Can you explain this answer?.
Solutions for Consider the following statements.1. In a capitalist society the goods produced are distributed among people on the basis of what people need2. In a socialist society It is assumed that the government knows what is good for the people of the country and so the desires of individual consumers are given much importance3. In a mixed economy, the market will provide whatever goods and services it can produce wellWhich of the statements is/are correct?a) 1 Onlyb) 2 Onlyc) 3 Onlyd) None of themCorrect answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
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Here you can find the meaning of Consider the following statements.1. In a capitalist society the goods produced are distributed among people on the basis of what people need2. In a socialist society It is assumed that the government knows what is good for the people of the country and so the desires of individual consumers are given much importance3. In a mixed economy, the market will provide whatever goods and services it can produce wellWhich of the statements is/are correct?a) 1 Onlyb) 2 Onlyc) 3 Onlyd) None of themCorrect answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Consider the following statements.1. In a capitalist society the goods produced are distributed among people on the basis of what people need2. In a socialist society It is assumed that the government knows what is good for the people of the country and so the desires of individual consumers are given much importance3. In a mixed economy, the market will provide whatever goods and services it can produce wellWhich of the statements is/are correct?a) 1 Onlyb) 2 Onlyc) 3 Onlyd) None of themCorrect answer is option 'D'. Can you explain this answer?, a detailed solution for Consider the following statements.1. In a capitalist society the goods produced are distributed among people on the basis of what people need2. In a socialist society It is assumed that the government knows what is good for the people of the country and so the desires of individual consumers are given much importance3. In a mixed economy, the market will provide whatever goods and services it can produce wellWhich of the statements is/are correct?a) 1 Onlyb) 2 Onlyc) 3 Onlyd) None of themCorrect answer is option 'D'. Can you explain this answer? has been provided alongside types of Consider the following statements.1. In a capitalist society the goods produced are distributed among people on the basis of what people need2. In a socialist society It is assumed that the government knows what is good for the people of the country and so the desires of individual consumers are given much importance3. In a mixed economy, the market will provide whatever goods and services it can produce wellWhich of the statements is/are correct?a) 1 Onlyb) 2 Onlyc) 3 Onlyd) None of themCorrect answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Consider the following statements.1. In a capitalist society the goods produced are distributed among people on the basis of what people need2. In a socialist society It is assumed that the government knows what is good for the people of the country and so the desires of individual consumers are given much importance3. In a mixed economy, the market will provide whatever goods and services it can produce wellWhich of the statements is/are correct?a) 1 Onlyb) 2 Onlyc) 3 Onlyd) None of themCorrect answer is option 'D'. Can you explain this answer? tests, examples and also practice UPSC tests.