A Closed economy means:
AOnly exports take place
BMoney supply is controlled
CDigital financing take place
DNeither exports nor imports
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Related Questions:
Identify the correct assertions regarding the contributions of Western economic thinkers.
- Adam Smith, often called the 'father of Economics,' advocated for minimal government intervention in economic activities, a principle known as 'Laissez Faire'.
- Karl Marx, in his work 'Das Capital,' argued that laborers receive the full value of their contribution, with profits going entirely to them.
- Alfred Marshall emphasized that economic activities should be oriented towards promoting the welfare of society.
- Lionel Robbins suggested that unlimited wants should be prioritized to ensure economic growth.
The type unemployment more prominent in India
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റോഡ് , പാലം മുതലായവ സ്വകാര്യസംരംഭകർ നിർമ്മിക്കുകയും മുതൽമുടക്ക് ടോൾ പിരിവിലൂടെ തിരിച്ചുപിടിക്കുകയും പിന്നീട് അവ സർക്കാരിന് കൈമാറുകയും ചെയുന്ന രീതിയാണ്
What activity is termed as activity of tertiary sector ?