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A system in which the means of production is held in trust for the people by government ...
Classroom
Economics Classroom
Jamb
Jamb 1993
Economic Systems
Types Of Economic System
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A system in which the means of production is held in trust for the people by government is known as a?
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Socialist economy
B
Capitalist economy
C
Subsistence economy
D
Mixed economy
Show Answer
Show Explanation
Correct Answer:
Option A
Explanation:
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