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WAEC Economics 2010 Question 18

Question 18

Business Organisations

The public sector of an economy includes.

  1. A.cooperative societies.
  2. B.nationalized industries.
  3. C.joint stock companies.
  4. D.Pressure groups.
Show the answer and explanation

Answer: B (nationalized industries.)

Explanation

The public sector is owned by government, including nationalised industries.