Consider the following statements:1. In a Capitalist economy there is private ownership of means of production 2. In a communist nation, the means of production are owned by the State 3. In a free-market economy there is minimum role of the Government Which of the above 3 statement is/are true?

Consider the following statements:1. In a Capitalist economy there is

1.	Consider the following statements:1. In a Capitalist economy there is private ownership of means of production 2. In a communist nation, the means of production are owned by the State 3. In a free-market economy there is minimum role of the Government Which of the above 3 statement is/are true?
A.	Only 1 and 3
B.	Only 2 and 3
C.	Only 3
D.	All are true
Answer» E.