Economics · Capitalism
Which of the following combinations represents the primary core elements of a capitalist economy?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Barter exchange, communal ownership, and customary distribution
- 2Collective farming, wealth equalization, and elimination of markets
- 3Central planning, price controls, and state-allocated resources
- 4Competition, profit motive, and market forces of supply and demand✓
Correct answer
Competition, profit motive, and market forces of supply and demand
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 Capitalism MCQs →Want more practice questions on Capitalism?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Capitalism