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WAEC Government 2006 Question 4

Question 4

Political Ideologies

The political system which allows equal access to the means of production, distribution and exchange is called

  1. A.Totalitarianism
  2. B.Capitalism
  3. C.Socialism
  4. D.Feudalism.
Show the answer and explanation

Answer: C (Socialism)

Explanation

Socialism places the means of production under public ownership so that all have equal access to them.