WAEC Government 2011 Objective — Question 21

Question 21 of 45 from the West African Examinations Council (WAEC) Government 2011 Objective paper, with the correct answer and a full explanation.

Which of the following is true about a capitalist state?

A. A. Private individuals control the economyCorrect
B. B. The workers are not exploited
C. C. Government controls the means of production
D. D. There is no class struggle

Explanation

Capitalism is an economic system in which the means of production, exchange and distribution of goods and services are in the hands of private individuals, who therefore control the economy.

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