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12th Standard English Medium Economics Subject Introduction to Macro Economics Book Back 3 Mark Questions with Solution

12th Standard

    Reg.No. :
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Economics

Time : 01:00:00 Hrs
Total Marks : 15

    3 Marks

    5 x 3 = 15
  1. Describe the different types of economic systems.

  2. Outline the major merits of capitalism.

  3. Indicate the demerits of socialism.

  4. Enumerate the features of mixed economy.

  5. Briefly explain the two sector circular flow model.

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