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Which among the following is not a feature of Capitalism ?

ARight of inheritance

BRight of free enterprise

CRight of Government intervention

DRight of Private gain

Answer:

C. Right of Government intervention

Read Explanation:

  • Capitalism emphasizes private ownership, free markets, and minimal government intervention in economic activities.

  • The Right of inheritance, Right of free enterprise, and Right of private gain are core features of capitalism.

  • Government intervention is generally associated with other economic systems, like socialism or mixed economies, rather than pure capitalism, which advocates for market-driven solutions.


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In a socialist system, what role does the government typically play in the allocation of resources?

  1. Direct central planning of all economic activities
  2. Facilitating and regulating markets while maintaining public ownership of key industries
  3. Complete laissez-faire approach with no government intervention
  4. Resource Redistribution
    Capitalist economic system is the feature of which of these countries?

    Which of the following statements apply to Socialism?

    1. It promotes collective ownership of some or all of the means of production
    2. Wealth and income are distributed more equally among citizens
    3. The government plays a minimal role in economic affairs
    4. There is a focus on individual property rights.
      Which among the following is associated with State ownership ?