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An economic system in which most means of production are owned and controlled by the ...

An economic system in which most means of production are owned and controlled by the State is known as a
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Socialist economy
  • B Capitalist economy
  • C Mixed economy
  • D Political economy
  • E Feudal economy
Correct Answer: Option A
Explanation:

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