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Which of the following promotes private ownership of properties?

Government
JAMB 2025

Which of the following promotes private ownership of properties?

  • A. Communalism
  • B. Socialism
  • C. Feudalism
  • D. Capitalism
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Correct Answer: Option D
Explanation

Capitalism is an economic system fundamentally based on private ownership of the means of production and the pursuit of individual profit. In socialism or communalism, ownership is typically collective or state-managed rather than private.

There is an explanation video available below.

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Explanation Video

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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts