Economics WAEC

A system in which the means of production is held in trust for the people by government is known as a?
A system in which the means of production is held in trust for the people by government is known as a?A system in which the means of production is held in trust for the people by government is known as a?

A. socialist economy
B. capitalist economy
C. subsistence economy
D. mixed economy

Correct Answer:

Option A – socialist economy

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5 years ago

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