.The main feature of a capitalist economy is–
Sol.The main feature of a capitalist economy is private ownership of factors of production. Private owners hold the resources and take decisions to maximise their profits.
269 MCQ for effective preparation of the test of Miscellaneous of Economics section.
Read the MCQ statement: .The main feature of a capitalist economy is– , keenly and apply the method you have learn through the video lessons for Miscellaneous to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 227-4237.