G

Gopal Sharma • 38.32K Points
Coach Economic

Q. In a Laissez-faire economy

  • (A) The Government controls the allocation of all the factors of production
  • (B) The customers take all the decisions regarding production of all the commodities
  • (C) The Government does not interfere in the free functioning of demand and supply forces in the market
  • (D) The private sector takes all the decisions for price determination of various commodities produced
  • Correct Answer - Option(C)
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  • Filed under category Economic

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