JAMB Economics 1981 Question 11

Governments in West African countries engage in running a number of enterprises because

1. A.large amounts of capital are needed and key industries should not be left in private hands
2. B.private capital would not establish an adequate infrastructure
3. C.it brings about a more even distribution of the country's wealth
4. D.the social costs of some enterprises make the government the most suitable body to set them up
5. E.all of the above