Post Utme Uniosun 2022 Government Question 42

Practice objective / multiple choice question 42 from the 2022 Post Utme Uniosun Government examination.

Post Utme Uniosun 2022 Government Objective / Multiple Choice

Question 42 POST_UTME_UNIOSUN • 2022 • GOVERNMENT • objective

The concept of capitalism is an economic system in which the means of production are privately owned and operated for profit. Which of the following is a key characteristic of a capitalist system?

Answer Options

A. The state ownership of the means of production.

B. The private ownership of the means of production.

C. The free market economy.

D. The planned economy.

Correct Answer

N/A

About This Question

This is Post Utme Uniosun 2022 Government Question 42. It is one of the objective questions from the 2022 Post Utme Uniosun Government examination.

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