Post Utme Babcock University 2023 General Studies Question 16

Practice objective / multiple choice question 16 from the 2023 Post Utme Babcock University General Studies examination.

Post Utme Babcock University 2023 General Studies Objective / Multiple Choice
Question 16 POST_UTME_BABCOCK_UNIVERSITY • 2023 • GENERAL STUDIES • objective

What is the name of the economic system that is based on the principles of supply and demand?

Answer Options

Correct Answer A. Capitalism
B. Socialism
C. Communism
D. Fascism
Correct Answer
A
Correct Option:
Capitalism

About This Question

This is Post Utme Babcock University 2023 General Studies Question 16. It is one of the objective questions from the 2023 Post Utme Babcock University General Studies examination.

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