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Home > One Word Substitution > Question

An economic system based mainly on private ownership and free open markets is:

0
A) Totalitarianism
B) Capitalism
C) Communism
D) Socialism

Correct Answer: B) Capitalism

Urdu Meaning: سرمایہ دارانہ نظام
Explanation: An economic model heavily driven by private profit and free market competition is Capitalism.

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