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Why does the text suggest that nationalizing the top 20 monopoly houses might not be a suitable solution?
  • a)
    Nationalization is against the concept of mixed economy.
  • b)
    Nationalization hampers foreign collaboration.
  • c)
    Nationalization lacks government control.
  • d)
    Nationalization would lead to corruption.
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Why does the text suggest that nationalizing the top 20 monopoly house...
The text suggests that nationalizing the top 20 monopoly houses might not be a suitable solution because the Indian economic approach follows the concept of a mixed economy, where both public and private sectors coexist and contribute to planned objectives. Nationalization of major private entities could contradict this approach.
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Why does the text suggest that nationalizing the top 20 monopoly houses might not be a suitable solution?a)Nationalization is against the concept of mixed economy.b)Nationalization hampers foreign collaboration.c)Nationalization lacks government control.d)Nationalization would lead to corruption.Correct answer is option 'A'. Can you explain this answer?
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Why does the text suggest that nationalizing the top 20 monopoly houses might not be a suitable solution?a)Nationalization is against the concept of mixed economy.b)Nationalization hampers foreign collaboration.c)Nationalization lacks government control.d)Nationalization would lead to corruption.Correct answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about Why does the text suggest that nationalizing the top 20 monopoly houses might not be a suitable solution?a)Nationalization is against the concept of mixed economy.b)Nationalization hampers foreign collaboration.c)Nationalization lacks government control.d)Nationalization would lead to corruption.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Why does the text suggest that nationalizing the top 20 monopoly houses might not be a suitable solution?a)Nationalization is against the concept of mixed economy.b)Nationalization hampers foreign collaboration.c)Nationalization lacks government control.d)Nationalization would lead to corruption.Correct answer is option 'A'. Can you explain this answer?.
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