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Types of Economies — Economics STD 9 — Question

ICSE BoardEnglish MediumSTD 9EconomicsTypes of Economies1 Mark
MCQ
Which among the following is a guiding factor for the capitalist economy?
  • A
    Profit motive
  • B
    Private property
  • ✓
    Both (a) and (b)
  • D
    Neither (a) nor (b)
✓

Answer

Correct option: C.
Both (a) and (b)
C

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