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Akhilesh Sharma

· started a discussion

· 1 Months ago

ANSWER MUST BE A (Question: 188229.0 )

WATCH GHATNA CHAKRA PAGE NUMBER 548 QUESTION NUMBER 86.

Question:
'Hire and Fire' is the policy of ________.
Options:
A) Capitalism
B) Socialism
C) Mixed Economy
D) Traditional Economy
Solution:
Ans: (a) 


Capitalist economy is one in which factors of production r owned by the private sector. ... But a mixed economy is one where factors of production r owned by private & public/ govt sectors both. It has the best of both worlds ie private & govt production as well. Hire & fire is related to a term' perform or perish'.

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· 1 Months ago

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