A capitalist economy is one characterized by the?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
- A Private ownership of factors of production
- B Ownership of factors of production by rich members of the society
- C Use of capital and labour in fixed proportions during production
- D Use of capital intensive methods of production
Correct Answer: Option A
Explanation:
Share question on: