____________ economy is not owned or managed by the government but owned by private individuals.

Related MCQs

• In which year socialism the tools production are not managed by government?
• The taking over of a private firm by the host country government to be run it as a government unit is ______.
• The economic system in which both public and private sectors co-exist is known as ____ economy
• The ________ of the government covers all those principles ,policies,rules and procedures and control the industrial enterprise of the economy.
• The economic system in which business units or factors of production are privately owned and governed is called as _____
• The economic system in which business units or factors of production are privately owned and governed is called as______.
• The total accumulated value of foreign- owned assets at a given period of time is __.
• The aim of the private sector is to maximize __________
• The economic system in which both public and private sectors co exist is known as ___economy.
• Capitalism stresses the philosophy of individualism believing in private Ownership comes under ____.