General Studies · New Right Philosophy
The 'New Right' Philosophy strongly advocates that:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Civil society must completely replace both the market and the government.
- 2The central government is always more efficient than the market in allocation of resources.
- 3The market mechanism is more effective than the government in achieving socio-economic goals.✓
- 4The bureaucracy is more effective than the state in achieving social development.
Correct answer
The market mechanism is more effective than the government in achieving socio-economic goals.
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