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JAMB Government 2008 Objective — Question 22

Question 22 of 50 from the Joint Admissions and Matriculation Board (JAMB) Government 2008 Objective paper, with the correct answer and a full explanation.

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An economic system that encourages even distribution of wealth in the society is

  • A. liberalism
  • B. socialismCorrect
  • C. mercantilism
  • D. capitalism

Explanation

Socialism is an economic system which encourages even distribution of wealth which encourages even distribution in the society.

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