During what time, the production of weapons and arms, etc. increase and most of the resources of the country are diverted for their production?

CA Foundation · Business Economics · PYQS · September 2024
During what time, the production of weapons and arms, etc. increase and most of the resources of the country are diverted for their production?
(A) A. Pre-War
(B) B. Post-War
(C) C. War
(D) D. Peace

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. Pre-War

Topics: Theory of Production and Cost

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