What is the merit of Capitalism?

CA Foundation · Business Economics · MTP · September 2024
What is the merit of Capitalism?
(A) A. It promotes self-interest & economic growth.
(B) B. It leads economic balance in the country
(C) C. It leads to equitable distribution of wealth.
(D) D. It leads to equitable distribution of wealth

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. It promotes self-interest & economic growth.

Topics: Price Determination in Different Markets

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