Sign Up to our social questions and Answers Engine to ask questions, answer people’s questions, and connect with other people.
Lost your password? Please enter your email address. You will receive a link and will create a new password via email.
Please briefly explain why you feel this question should be reported.
Please briefly explain why you feel this answer should be reported.
Please briefly explain why you feel this user should be reported.
| Q.96 | Which of the following statements is/are correct in the context of the types of economic systems? I. In a capitalist society the goods produced are distributed among people on the basis of what people need. II. In a socialist society the government decides what goods are to be produced in accordance with the needs of society. | |
| Ans | 1. Only II | |
| 2. Both I and II | ||
| 3. Only I | ||
| 4. Neither I nor II |
Correct Ans Provided: 1
