c) Mixed economy
d) Communist economy
13.
A shoe manufacturer wants to sell shoes in the market and buy wheat. The shoe manufacturer [1]
will first exchange shoes that he had produced for money, and then exchange the money for
wheat. Which drawback of Barter system is indicated here?
b) Lack of Standard of Deferred
a) Lack of Common Measure of Value
Payment
d) Lack of Double Coincidence of Wants
c) Lack of Store of Value
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Answer:
mixed economy is a type of economy where government intervention is included
the country works under the government
these type of countries are known as developing countries
for example- india
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