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Home › CBSE Class 12 (Arts) › Economics › Indian Economic Development: Development Experience (1947-90) and Economic Reforms since 1991 › In a market economy, goods are distributed on th…

In a market economy, goods are distributed on the basis of what?

ANeed of buyers
BPurchasing power
CGovernment quotas
DCaste or region
Answer & Solution
Correct answer: B. Purchasing power
Under capitalism, people get goods according to their ability to buy, not according to their need.
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