No products in the cart.

What does nature of economy mean?

CBSE, JEE, NEET, CUET

CBSE, JEE, NEET, CUET

Question Bank, Mock Tests, Exam Papers

NCERT Solutions, Sample Papers, Notes, Videos

What does nature of economy mean?
  • 1 answers

Meghna Thapar 3 years, 5 months ago

Natural economy - is a type of economy in which money is not used in the transfer of resources among people. ... As a corollary, the majority of goods produced in a system of natural economy are not produced for the purpose of exchanging them, but for direct consumption by the producers (subsistence).

http://mycbseguide.com/examin8/

Related Questions

Why capital denoted by k
  • 1 answers
The word statistics was used first in
  • 0 answers
Unemployment problem in Assam project
  • 1 answers

myCBSEguide App

myCBSEguide

Trusted by 1 Crore+ Students

Test Generator

Test Generator

Create papers online. It's FREE.

CUET Mock Tests

CUET Mock Tests

75,000+ questions to practice only on myCBSEguide app

Download myCBSEguide App