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

Government

JAMB 1994

An economic system in which the major means of production are owned and controlled by a few individuals is called

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

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Correct Answer: Option D

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

Correct Answer: Option D

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