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The active intervention of the central authorities in the management of a country’s economy rest…

The active intervention of the central authorities in the management of a country’s economy rest upon the?
  • A.
    failure of the market force to produce satisfactory result
  • B.
    superiority of the centrally planned economy over the private enterprise economy
  • C.
    result-oriented nature of the private enterprise economy
  • D.
    cost-minimization strategy of a mixed economy
Correct Answer: Option A
Explanation