Question : An economy which does not have any relation with the rest of the world is known as

Option 1: Socialist economy

Option 2: Closed economy

Option 3: Open economy

Option 4: Mixed economy

Question : An economy in which there are no flows of labour, goods, or money to and from other nations is ____.

Option 1: Slow economy

Option 2: Mixed economy

Option 3: Closed economy

Option 4: Open economy

Question : Select the option that can be used as a one-word substitute for the given group of words.
Government by king or queen

Option 1: Monarchy

Option 2: Capitalism

Option 3: Plutocracy

Option 4: Oligarchy

Question : Socialism is essentially a movement of:

Option 1: intellectuals

Option 2: the poor people

Option 3: the middle classes

Option 4: the workers

Question : Supply-side economics places greater emphasis on

Option 1: producer

Option 2: global economy

Option 3: consumer

Option 4: middle man