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In which among the following system the ‘right to property’ exists
  • a)
    Mixed economy 
  • b)
    Capitalist economy 
  • c)
    Socialist economy 
  • d)
    Traditional economy 
Correct answer is 'B'. Can you explain this answer?
Most Upvoted Answer
In which among the following system the ‘right to property&rsquo...
Capitalism is an economic system in which all the means of production are owned and controlled by private individuals for profit . The right of private property means that productive factors such as land , factories, machinery, mines etc are under private ownership. The owners of these factors are free to use them in the manner they like. Thus option B is correct.
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In which among the following system the ‘right to property&rsquo...
The given question is incomplete and does not provide any options or context for the system being referred to. Please provide more information or clarify the question so that I can assist you better.
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In which among the following system the ‘right to property’ existsa)Mixed economyb)Capitalist economyc)Socialist economyd)Traditional economyCorrect answer is 'B'. Can you explain this answer?
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