AdmitMe
Economics · Economic systems

EconomicsEconomic systemsWAEC

In a capitalist economy, the means of production are owned mainly by

Show answer

Answer: D. private individuals

Private ownership and the price mechanism mark capitalism.

An AdmitMe practice question, written for the WAEC syllabus. Not an official past question.

Practise Economic systemsA timed set on this topic, freeAsk the AI TutorExplain it another way

Discussion

Ask about a step, share a shortcut, or explain it your way. Be kind; no links.

No comments yet. Be the first to explain it.

More Economic systems questions