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A capitalist economy can be defined as an economy in which most of the economic activities have the following characteristics. (A) Sale and purchase…

CUET UG 2025 — Economics Macro

2025mcqmedium

A capitalist economy can be defined as an economy in which most of the economic activities have the following characteristics.

(A) Sale and purchase of labour services at their own price.

(B) Sale and purchase of labour services at the wage rate.

(C) Production takes place for selling.

(D) Authorities may intervene to achieve an equitable distribution of the final mix of goods and services.

Choose the correct answer from the options given below:

Official previous-year question

Held on 28 May 2025 · Verified 13 Jul 2026.

Options

  1. A

    (A), (C) and (D) only

  2. B

    (A), (B) and (D) only

  3. C

    (A), (B), (C) and (D)

  4. D

    (B), (C) and (D) only

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