WAEC Economics 1998 Question 40

A major setback in any mixed economy is

1. A.that is combines both the capitalist and socialist systems
2. B.the freedom of choice in the production and consumption of goods and services
3. C.that government intervenes to secure full utilization of resources
4. D.that economic decisions are determined by market forces
5. E.that the absence of profit motive in the public sector may reduce incentive for hard work