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An economic system in which the state owns and controls the means of production is ...
Classroom
Economics Classroom
Waec
Waec 2002
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An economic system in which the state owns and controls the means of production is known as
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Socialist economy
B
Mixed economy
C
Capitalist economy
D
Welfare economy
Show Answer
Show Explanation
Correct Answer:
Option A
Explanation:
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