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UM
Question Practice

Why do markets play a crucial role in a country's economy?

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

MCQ_SA
CBSE
Class 7
Social Science
Exploring Society India and Be...
Understanding Markets
Question Bank

Why do markets play a crucial ...

Single Answer MCQ
Q-00130509

Why do markets play a crucial role in a country's economy?

1

They provide a space for social gatherings

2

They enable transactions between producers and consumers

3

They replace the use of money

4

They eliminate competition

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