Public ownership of productive factors is a feature of___...
Public ownership of productive factors is a feature of_______?
Socialism
Capitalism
Feudalism
Mixed economy
Correct answer is A
Socialism is an economic and political system based on public or collective ownership of the means of production. it is an economic and political theory advocating collective or governmental ownership and administration of the means of production.
Which of the following statements is correct? ...
How many units of good X is produced for 8 units of commodity Y? ...
A major trading problem facing ECOWAS is ...
The act of cultivating land and rearing of animal for man’s use is ...
The tax imposed on good manufacture within a country is ...
The petro-chemical industries are located in Rivers State of Nigeria due to _______ ...
One major problem encountered by ECOWAS is_______? ...
Which of the following is a reward to a factor of production? ...