Which of these should determine, in a planned economy how the factor of production are to be allocated among different production activities - SchoolNGR

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Which of these should determine, in a planned economy how the factor of production are ...

Which of these should determine, in a planned economy how the factor of production are to be allocated among different production activities

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A Fairness
B The distribution of income and wealth
C Public need which is determined by the government
D Private needs determined by the market
E The ability of individual to make profit

Correct Answer: Option C

Explanation:

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