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Question

The main principle of capitalistic form of economy is ____________.

A
Profit
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B
Service
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C
Betterment of society
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D
Equal distribution of income
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Solution

The correct option is B Profit
Capitalist economy is also known as free market economy. It is the most democratic form with no government interference. It is that system, where means of production are owned by private individuals. Maximisation of profit is the main motive of this system.

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