In which of the following economic systems do we have the...
In which of the following economic systems do we have the means of production and exchange controlled by private individuals
Socialist system
Mixed system
Capitalist system
Traditional system
Correct answer is C
Capitalist system is where the private individuals controlled the means of production and exchange
The indices used to measure the cost of living is ...
An imperfectly competitive market is one where ...
The economies of West African Countries depend majorly on ...
An important factor hindering the rapid development of the industrial sector in Nigeria is ...
Which of the following is a disadvantage of localization of industries? ...
As long as marginal utility is positive, total utility must be ...
The International Monetary Fund (IMF) is an international organization which ...
The most popularly adopted industrialization strategy in West Africa is ...
A decrease in aggregate spending in an economy will ultimately lead to ...