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WAEC Economics 2011 Objective — Question 18

Question 18 of 50 from the West African Examinations Council (WAEC) Economics 2011 Objective paper, with the correct answer and a full explanation.

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The public sector of an economy includes

  • A. A. cooperative societies
  • B. B. nationalized industriesCorrect
  • C. C. joint stock companies
  • D. D. pressure groups

Explanation

Nationalized industries belong to the government which is referred to as the public sector.

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