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WAEC Government 2017 Objective — Question 5

Question 5 of 50 from the West African Examinations Council (WAEC) Government 2017 Objective paper, with the correct answer and a full explanation.

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5. A system of government which is based on public ownership of means of production and distribution is called

  • A. A. socialismCorrect
  • B. B. capitalism
  • C. C. feudalism
  • D. D. oligarchy

Explanation

Socialism is a system of government which is based on public ownership of means of production and distribution.

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