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Standard XII
Economics
Question
Differentiate the socialist economy from capitalist economy.
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Solution
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Similar Questions
Q1
How would you differentiate between a capitalist and a socialist economy?
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Differentiate among capitalist, socialist and mixed economies.
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Q3
Show the difference between Capitalistic and Socialistic system of economy.
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A country can either have a purely capitalist or socialist economy.
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In a mixed economy, the features of both the capitalist and the socialist economies are included. Substantiate.
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