Economics · Introduction to Economics
In a pure market economy, the central economic problems are solved primarily by:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Customary and traditional laws
- 2Government regulations and subsidies
- 3A central planning authority
- 4The market mechanism (Price mechanism)✓
Correct answer
The market mechanism (Price mechanism)
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Introduction to Economics MCQs →Want more practice questions on Introduction to Economics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Introduction to Economics