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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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26

An undesirable attribute of capitalism is mostly seen in

  • A. freedom of choice
  • B. exploitation of labour
  • C. efficient production of goods and services
  • D. effective utilization of labour
View Answer & Discuss WAEC 2021
27

Which political system allows only one ideology for the state?

  • A. socialism
  • B. aristocracy
  • C. communalism
  • D. capitalism
View Answer & Discuss (1) WAEC 2022
28

The concept of social justice implies that the state must ensure

  • A. sharing of political power with opponents
  • B. security for multi- national businesses
  • C. equality of citizens
  • D. fairmess to foreign nationals
View Answer & Discuss (1) WAEC 2022
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Post-UTME Past Questions - Original materials are available here - Download PDF for your school of choice + 1 year SMS alerts
29

A key principle of the socialist system of government is the ___________.

  • A. minimal government intervention in the economy
  • B. private ownership of the means of production
  • C. power concentrated in the hands of a few elite individuals
  • D. equality of opportunity and outcome
View Answer & Discuss JAMB 2023
30

In a communist system, who owns and controls the means of production?

  • A. corporations
  • B. The government
  • C. private individuals
  • D. non-profit organizations
View Answer & Discuss JAMB 2023
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