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Question Practice

What might be a reason for government intervention in a centrally planned economy?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 12
Economics
Introductory Microeconomics
Introduction
Question Bank

What might be a reason for gov...

Single Answer MCQ
Q-00089289

What might be a reason for government intervention in a centrally planned economy?

1

To maximize profits for businesses

2

To achieve a desirable allocation of resources

3

To encourage consumer choice

4

To reduce taxes on imports

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