Economics - QS Study
QS Study

The features of Mixed Economy

The following are the main characteristics of a mixed economy: Co–existence of the Public and Private Sectors: The chief characteristic of a mixed economy is......

Describe law of supply

The law of supply is a fundamental principle of economic theory. It states that all else equal an increase in price results in an increase in quantity......

Free Market Economy

A free market economy is an economy in which the allocation for resources is determined only by their supply and the demand for them. This......

International Workers Day

The 1st day of May is observed all over the world to commemorate the historic struggle of the working people of the world. Today the......