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The Private Ownership Of The Means Of Production Is A Feature Of? - Erudites Academy
Government JAMB

The private ownership of the means of production is a feature of?

A. capitalism
B. socialism
C. communalism
D. communism

Correct Answer:

Option A – capitalism

Explanation

An economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state.

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