Which of the following is not a merit of Capitalist Economy?

CA Foundation · Business Economics · PYQS · May 2025
Which of the following is not a merit of Capitalist Economy?
(A) A. Faster economic growth
(B) B. Collective ownership
(C) C. High degree of operative efficiency
(D) D. Incentives for innovation and technological progress

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. Collective ownership

Topics: Nature & Scope of Business Economics

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