Capitalism is a system of economic organization based on

GOVERNMENT
JAMB 2003

Capitalism is a system of economic organization based on

  • A. a mixed economy that takes all interests into consideration
  • B. individual ownership of the means of production
  • C. very fair distribution of the means of production
  • D. trading among people who own and control their items of trade

Correct Answer: B. individual ownership of the means of production



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