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
What would encourage the growth of international division of labour? ...
Balance of payments of a country explains the overall position of? ...
One major aim of a cartel is to ...
Identify one of the following which can NOT be used to close deflationary gap ...
Public debt is composed of ...
The precautionary motive for holding money is to enable the holder to ...
Which is following is a cause of under-development in West Africa? ...
The tax imposed on good manufacture within a country is ...
Which of the following measures will not encourage industrialization in West Africa? ...