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Production and distribution of goods and services are controlled by the State in

Government
WAEC 2007

Production and distribution of goods and services are controlled by the State in

  • A. capitalism
  • B. mixed economy
  • C. socialism
  • D. communalism
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
Correct Answer: Option C
Explanation

In a socialist state, the state controls the means of production and distribution of goods and services.

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
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WAEC and NECO CBT Software for Computers and Laptops - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
WAEC and NECO CBT App for Mobile Devices - Candidates, Schools, Centres, Resellers - 100% Offline -Download Now
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