Home › Maharashtra HSC Class 12 (Arts) › History › Industrial Revolution › Which feature is NOT listed in the text as an in…
Which feature is NOT listed in the text as an inbuilt norm of a capitalist economy?
AState control over manufacturer pricing
BRight of the consumer to buy goods of his choice
CPrivate ownership of industrial establishments
DManufacturer's right to fix the price of manufactured goods
Answer & Solution
Correct answer: A. State control over manufacturer pricing
1. The Industrial Revolution section defines capitalist economy norms.
2. It lists: private ownership, manufacturer's pricing right, profit determination, consumer choice.
3. State control over manufacturer pricing contradicts these norms — it is not in the list.
_Source: Maharashtra Balbharati Std XII History, Ch 1 "Renaissance in Europe and Development of Science", §1.6 ¶2_
Related questions
The Second Industrial Revolution rested above all on the mass production of:Compared with France and Germany, Italy's industrialisation began:An Indian entrepreneur from a wealthy Hindu family who invested in industry was DwarkanathAfrica's interior rivers are broken by waterfalls, so Europeans moved inland using:Indian farmers were pushed to grow tea and cotton to supply British mills. Such crops are Britain's second area of interest in Africa was valued as a source of cotton. It was:Britain took formal control of the Dutch Cape Colony in southern Africa in:At the start of the Second Industrial Revolution the share of Africa Europeans controlled