What is the effect of private industries monopolistaion and concentration of economic power?

Positive

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Zero effect

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Adverse

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Cannot be determined

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Solution

The correct option is D
Cannot be determined

Monopolies have an adverse effect on the economic system of a country in certain cases. Hence, public expenditure in India is needed to prevent monopolisation of industries by private producers.

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What is the effect of private industries monopolistaion and concentration of economic power?

The correct option is D Cannot be determined Monopolies have an adverse effect on the economic system of a country in certain cases. Hence, public expenditure in India is needed to prevent monopolisation of industries by private producers.

The correct option is D
Cannot be determined

Monopolies have an adverse effect on the economic system of a country in certain cases. Hence, public expenditure in India is needed to prevent monopolisation of industries by private producers.