Question

1 .Principle characteristics of resources are :
a) They are scarce in relation to our needs,
b) They have alternative uses,
c) Both (a) & (b ) ,
d) None of these.

2. The Government does not interfere in the process of decision – making under :
a) Market economy ,
b) Centrally planned economy,
c) Mixed economy,
d) All of these.​

Answer 1

Answer:

1. c) both (a) & (b)

2. a) Market economy

Explanation:

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