SSC MTS Model Paper 7

Question : 42 of 99

Marks: +1, -0

In a Laissez-faire economy

the customers take all the decisions regarding production of all the commodities
the Government does not interfere in the free functioning of demand and supply forces in the market
the private-sector takes all the decisions for price- determination of various commodities produced
the Government controls the allocation of all the factors of production

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