Which among the following are the characteristics of the capitalist system?
1. Profit motive
2. Privately owned business units
3. Freedom to save and invest
4. Competitive environment
1, 2, 3 and 4
1 and 3
1, 2 and 4
1, 2 and 3
Political and Legal Environment
Social Responsibility of Business
Role of Government
Monetary and Credit Policy
Fiscal Policy and the Tax System
Foreign Direct Investment
Intro to Business environment
Boost your performance with adaptive practice tests
Practice every concept in the syllabus
Compare your speed and accuracy with your peers
Download the app and practice on the go