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The pursuit of private profits is a feature of

Economics
WAEC 2024

The pursuit of private profits is a feature of

  • A. command economies.
  • B. Socialist economies.
  • C. capitalist economies.
  • D. statutory corporations.
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Correct Answer: Option C
Explanation

C: Capitalist economics look for profit from both public and promote means. This after making publicly obtainable profit, they explore any available private profit.

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