Target Exam

CUET

Subject

Economics

Chapter

Indian Economic Development: Indian Economy:1950-1990

Question:

Which of the following countries follow "Capitalistic ideology" ?

Options:

U.S.A

Cuba

India

Both 1 and 2

Correct Answer:

U.S.A

Explanation:

The corrct answer is Option 1: U.S.A

U.S.A has a capitalistic form of economic system. Whereas, India has mixed economic system and Cuba follows socialistic principles.