PRINCIPLES OF ECONOMICS UNIT -2

Questions.

1. Explain nature and scope of economic system in detail.
2. Write a note on capitalism.
3. Write a note on Socialism.
4. Write a note on mixed economy.
5. State merits of capitalism.
6. State demerits of capitalism.
7. State merits of Socialism.
8. State demerits of Socialism.
9. State merits of Mixed economy.
10. State demerits of Mixed economy.