A capitalist economy is characterized by?

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A capitalist economy is characterized by?

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Explain the working of the economy of a capitalist country?

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What are the importance feature of capitalist economy?

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Direction: Read the following text and answer the questions that follow:Rachit a student of XI standard was asked by his Business Studies teacher to write an article on ‘Role of Public Sector Enterprises in Indian economy’, where both private sector and public sector exists. While writing the article he learned about various types of PSUs through which government achieves its objective of establishing socialistic pattern of society. There are various Public Sector Enterprises, formed by the government in strategic areas like Defence, Railways, etc. under the direct control of ministries and on the other hand for various public utility services it created PSE to work as an autonomous body by passing a Special Act in the Parliament. To run on commercial lines and to compete with companies in private sector, the PSEs like ONGC, BHEL, etc. are successfully working with the ownership shared with private sector but the private sector can have maximum 49% of ownership only. As per the needs of economy, and industrial policies, the government has to change its policies for PSEs.Q. ”............. in Indian economy where both private sector and public sector exists”. Identify the nature of Indian economy.

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what are important feature of a capitalist economy Related: Scanner Chapter 3 & 4 - (Macro Economics) (2013 - 16)?

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A capitalist economy is characterized by? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about A capitalist economy is characterized by? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A capitalist economy is characterized by?.

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