Explain the four sector circular flow model.

Explain the merits of socialism.

Explain the Demerits of capitalism.

Explain the merits of Mixed Economy.

Explain the three sector model of economy with chart.

Explain the four sector model of economy with chart.

Discuss the features of Capitalist economy.

Explain the concepts of macro economics.

What are the features of socialism?

Enumerate the limitations of macro economics.

Explain the features of capitalistic economy.

What are the demerits of capitalism? Concentration of Wealth and Income:

Draw and explain that circular flow of income in a four sector economy.

Briefly explain the three sector circular flow model.