Introduction to...

Which of the following statement would you consider to be a normative one?

Indian industry faced the process of retrogression and deceleration because of ____________.

Production Possibilities (alternative)

In a socialist economy, it is the responsibility of the ___________ to ensure that adequate amount of goods are made available to the people.

'From each according to his capacity and to each according to his work' is the principle of ___________, in a socialist economy.

Which among the following influences the choice of method of production used by the public sector in a mixed economy? 

The government in a mixed economy controls production in ____________  as well as ____________ sector so as to ensure adequate availability of necessities.

The ___________ sector in a mixed economy decides 'what to produce and how much to produce' based on the overall national objectives.

The public sector under a mixed economy provides __________ so as to promote economic development.