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Thursday, 09 April 2026
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A key principle of the socialist system of is the ___________.

A key principle of the socialist system of is the ___________.
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Minimal government intervention in the economy
  • B Private ownership of the means of production
  • C Power concentrated in the hands of a few elite individuals
  • D Equality of opportunity and outcome
Correct Answer: Option D
Explanation:
A key principle of the socialist system of government is the equality of opportunity and outcome. This means that in a socialist system, the government controls the means of production and wealth is distributed equally among the population to ensure everyone has the same opportunities and outcomes.

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