Q.

'Hire and Fire' is the policy of -

A. Capitalism
B. Socialism
C. Mixed Economy
D. Traditional Economy
Answer» C. Mixed Economy
Explanation: In capitalism, people may sell or lend their properly, and other people may buy or borrow them. In many countries with mixed economies (part capitalism and part socialism) there are laws about what we can buy or sell, or what prices we can charge, or whom we can hire or fire.
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