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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_
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