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A major disadvantage of a capitalist economy is that it

A major disadvantage of a capitalist economy is that it
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Leads to low production of goods and services
  • B Requires large number of officials to operate
  • C Considers individual consumers' satisfaction
  • D Worsens income inequality among the citizens
Correct Answer: Option D
Explanation:
One of the disadvantage of capitalism is that wealth and control of means of production is concentrated in the hands of every few individuals. The rich families alwalys control the wealth of the society.

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