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Which of these would not be included in the fundamental principle of a free enterprise...

Economics
JAMB 1978

Which of these would not be included in the fundamental principle of a free enterprise economy
  • A. Private ownership of factors of production
  • B. The right to organize factor for production purposes
  • C. The right to make private profit
  • D. Government control of mobility of factor of production
  • E. Government effort to encourage competitive capitalism within the law of the country
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Correct Answer: Option D
Explanation
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Myschool's prices for products & services are going up again in February - Buy what you need now

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JAMB CBT Software 2025 - Free Download
JAMB CBT Mobile App 2025 - Free Download
JAMB CBT 2025 - Candidates, Schools, Centres, Resellers - Get Ready!
JAMB CBT 2025 - Candidates, Schools, Centres, Resellers - Get Ready!
JAMB CBT Software 2025 - Free Download
Myschool's prices for products & services are going up again in February - Buy what you need now
JAMB CBT Mobile App 2025 - Free Download