UPSC CDS 2 2022 GK Paper

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Question : 86 of 120

Marks: +1, -0

Which one of the following central features is not associated with Capitalist Economy?

There is generalised commodity production - it has market value.
Productive wealth is held predominantly in private hands.
Economic life is organised according to market principles.
Economic organisation is based on planning, a supposedly rational process of resource allocation.

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