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Name the system in which the means of production and distribution are privately or corporate owned and development is proportionate to the accumulation and reinvestment of profits which are gained in a free market ?

Basic of Economics, Economics Mcqs /
Name the system in which the means of production and distribution are privately or corporate owned and development is proportionate to the accumulation and reinvestment of profits which are gained in a free market ?

A. Capitalism
B. Socialism
C. Free market economy
D. Liberalism

Name the system in which the means of production and distribution are privately or corporate owned and development is proportionate to the accumulation and reinvestment of profits which are gained in a free market ? Read More »

Basic of Economics, Economics Mcqs

Mention the term which is used for the large-scale removal of individual and corporate investment capital and income from a country ?

Basic of Economics, Economics Mcqs /
Mention the term which is used for the large-scale removal of individual and corporate investment capital and income from a country ?

A. Money flight
B. Capital drain
C. Free flow
D. Capital flight

Mention the term which is used for the large-scale removal of individual and corporate investment capital and income from a country ? Read More »

Basic of Economics, Economics Mcqs

The amount value of an asset in business records is not necessarily identical to the amount that the asset could bring on the open market. What is it called ?

Basic of Economics, Economics Mcqs /
The amount value of an asset in business records is not necessarily identical to the amount that the asset could bring on the open market. What is it called ?

A. Open value
B. Book value
C. Real value
D. Artificial value

The amount value of an asset in business records is not necessarily identical to the amount that the asset could bring on the open market. What is it called ? Read More »

Basic of Economics, Economics Mcqs

Governments and corporations sell interest bearing certificates to raise money for expansion or trade. What is called these certificates ?

Basic of Economics, Economics Mcqs /
Governments and corporations sell interest bearing certificates to raise money for expansion or trade. What is called these certificates ?

A. Certificates
B. Sureties
C. Security bonds
D. Bond

Governments and corporations sell interest bearing certificates to raise money for expansion or trade. What is called these certificates ? Read More »

Basic of Economics, Economics Mcqs