-
‘Hire and Fire’ is the policy of
-
- Capitalism
- Socialism
- Mixed Economy
- Traditional Economy
- Capitalism
Correct Option: C
In capitalism, people may sell or lend their property, and other people may buy or borrow them. In many countries with mixed economies (part capitalism and part socialism) there are laws about what we can buy or sell, or what prices we can charge, or whom we can hire or fire.