JAMB Economics 2020 Objective — Question 2

Question 2 of 50 from the Joint Admissions and Matriculation Board (JAMB) Economics 2020 Objective paper, with the correct answer and a full explanation.

An economy in which both the public and private sectors contribute to economic growth is as a

A. feudal economy
B. capitalist economy
C. socialist economy
D. mixed economyCorrect

Explanation

A mixed economy is one where both the public and private sectors contribute to economic growth.

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