JAMB Government 2015 Objective — Question 10
Question 10 of 50 from the Joint Admissions and Matriculation Board (JAMB) Government 2015 Objective paper, with the correct answer and a full explanation.
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One of the essential principles of communism is that
- A. market forces are allowed to determine prices
- B. there is strong individual motive to make profit
- C. there is freedom for economic competition
- D. priority is given to the needs of the peopleCorrect
Explanation
Communism emphasises collective ownership and prioritises the needs of the people over individual profit or free market competition.
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