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

Economics

WAEC 1996

An economic system in which most means of production are owned and controlled by the State is known as a

A. socialist economy
B. capitalist economy
C. mixed economy
D. political economy
E. feudal economy

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Correct Answer: Option A

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

Correct Answer: Option A

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