Free account: track your progress — Sign up free

JAMB Government 2013 Objective — Question 13

Question 13 of 40 from the Joint Admissions and Matriculation Board (JAMB) Government 2013 Objective paper, with the correct answer and a full explanation.

Advertisement

Which of the following advocates equitable distribution of wealth?

  • A. Plutocracy
  • B. Capitalism
  • C. Aristocracy
  • D. SocialismCorrect

Explanation

Socialism is a political and economic ideology that advocates for collective/state ownership of the means of production and equitable distribution of wealth among members of society.

Advertisement

Sign up free to unlock

  • Score tracking
  • Practice history
  • Saved questions
  • Progress dashboard
  • Personalized sessions
  • Weak-topic breakdown

…and/or go further with premium services and No Ads.