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Public ownership of productive factors is a feature of_______?

Public ownership of productive factors is a feature of_______?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Socialism
  • B Capitalism
  • C Feudalism
  • D Mixed economy
Correct Answer: Option A
Explanation:
Socialism is an economic and political system based on public or collective ownership of the means of production. it is an economic and political theory advocating collective or governmental ownership and administration of the means of production

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