MGT 331
Management
Chapter 8 : Economic System
DAE Common with TECHNOLOGIES: | Third Year
Computer Information Technology
Short Questions
Questions: 1 to 15
1. What is economic system? 2. Write four features of capitalistic system. 3. Write down four advantages of capitalistic system. 4. State four disadvantages of capitalistic system. 5. What is socialism? 6. Write four characteristics of socialistic economic system. 7. State four merits of socialism. 8. Write four disadvantages of socialism. 9. In which economic system there is central planning board? 10. Write four characteristics of mixed economic system. 11. Write four disadvantages of mixed economic system. 12. In which economic system there is no permission of private business. 13. In which economic system government makes all economic decisions. 14. In which system there is unequal distribution of wealth? 15. Which economic system is prevailing in our country?
21/05/2025 Completed...
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INSTRUCTOR
MUHAMMAD BIN JAMEEL
BSC ENGG. CIVIL