Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

Basic of Economics

Economic system in which the government owns and controls the means of production to benefit all the people is called ?

Economic system in which the government owns and controls the means of production to benefit all the people is called ?

A. Dictatorship
B. Socialism
C. Capitalism
D. Authoritarianism

Economic system in which the government owns and controls the means of production to benefit all the people is called ? Read More »

Basic of Economics, Economics Mcqs

What is called protection of domestic producers by impeding or limiting the importation of foreign goods and services ?

What is called protection of domestic producers by impeding or limiting the importation of foreign goods and services ?

A. Domestication
B. Protectionism
C. Localization
D. National interest

What is called protection of domestic producers by impeding or limiting the importation of foreign goods and services ? Read More »

Basic of Economics, Economics Mcqs