Precedence of property rights over human rights is a demerit of which type of economy?

CA Foundation · Business Economics · PYQS · January 2026
Precedence of property rights over human rights is a demerit of which type of economy?
(A) A. Micro economy
(B) B. Macro economy
(C) C. Capitalist economy
(D) D. Socialist economy

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Capitalist economy

Topics: Nature & Scope of Business Economics

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