Millionaire Mode

Economic Systems and Public Finance

Question 1 of 15

Which of the following is a characteristic of a free market economy?

  1. Government control of prices and production
  2. Private ownership of businesses and property
  3. Central planning of the economy
  4. Equal distribution of wealth

Prize Money

15₹7 Crores
14₹1 Crore
13₹50,00,000
12₹25,00,000
11₹12,50,000
10₹6,40,000
9₹3,20,000
8₹1,60,000
7₹80,000
6₹40,000
5₹20,000
4₹10,000
3₹5,000
2₹2,000
1₹1,000