CUET Economics - Which of the following is not a characteristic of a capitalist economy? | PYQs + Solutions

CUET Economics 2025 2 June Shift 1

Economics

Easy

There is private ownership of means of production.

There is public ownership of means of production.

There is sale and purchase of labour services at a price which is called the wage rate.

Production takes place for the welfare of society.

✅ Correct Option: 2

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CUET Economics 2025 2 June Shift 1 PYQs

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