Question

Study of an economy includes: Alternative forms of an economy like______economy.

• A. Capitalism
• B. Socialism
• C. Mixed
• D. All of above

Answer 1

The correct option is D All of above

• Capitalism is an economic system in which private individuals or businesses own capital goods.
• Socialism economics comprises the economic theories, practices, and norms of hypothetical and existing socialist economic systems.
• A mixed economy is variously defined as an economic system blending elements of market economies with elements of planned economies, free markets with state interventionism, or private enterprise with public enterprise.So these are forms of economy