SSC SSC Selection Post (Phase 13) 2025 Mock Test General Knowledge Economy Initiatives by Government
Which one of the following central features is not associated with Capitalist Economy?
1
There is generalised commodity production - it has market value.
2
Productive wealth is held predominantly in private hands.
3
Economic life is organised according to market principles.
4
Economic organisation is based on planning, a supposedly rational process of resource allocation.