Which of the following is a feature of capitalism?
GOVERNMENT
WAEC 2007
Which of the following is a feature of capitalism?
- A. Removal of social inequalities
- B. Equitable re-distribution of property
- C. Maximization of profit
- D. Protection of workers
Correct Answer: C. Maximization of profit
Explanation
Capitalism is an economic system based on the private ownership of the means of production and their operation for profit.
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