Match the following - List-I List-II A. Freedom of enterprise 1. Communist Economy B. Equitable…
The mapping associates freedom of enterprise with capitalism, equitable distribution with communism, the oxygen-tent description with a mixed economy, and public ownership…
Choose your answer
Match the following -
| List-I | List-II |
|---|---|
| A. Freedom of enterprise | 1. Communist Economy |
| B. Equitable distribution of wealth | 2. Capitalist Economy |
| C. Capitalism in the oxygen tent | 3. Mixed Economy |
| D. Public ownership of resources | 4. Socialist Economy |
Codes: (A, B, C, D)
Answer and explanation
Correct answer B
The mapping associates freedom of enterprise with capitalism, equitable distribution with communism, the oxygen-tent description with a mixed economy, and public ownership with socialism. These are simplified system characteristics, with overlap between socialist and communist ideals.
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RPSC School Lecturer (School Education)