GOVERNMENT
JAMB 2011 - Question 6
Government 2011 JAMB Past Questions - Question 6: Private ownership of the means of production is central to
Choose the most appropriate option for the gap .
A:
B:
C:
D:
Correct Answer
A
Explanation
Private ownership of the means of production is central to Capitalism.It should be recalled that Capitalism is an economic/political system whereprivate individuals control and own the means of production, exchange anddistribution of goods and services. In this system, the profit controls productionand free competition is allowed
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