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Q. |
Consider the following statements: 1. In a Capitalist economy there is private ownership of means of production 2. In a communist nation, the means of production are owned by the State 3. In a free-market economy there is minimum role of the Government Which of the above 3 statement is/are true? |
A. | Only 1 and 3 |
B. | Only 2 and 3 |
C. | Only 3 |
D. | All are true |
Answer» D. All are true |
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