Question on: JAMB Government - 2008

An economic system that encourages even distribution of wealth in the society is

A
liberalism
B
socialism
C
mercantilism
D
capitalism
Ask EduPadi AI for a detailed answer
Correct Option: B

socialism an economic system that encourages even distribution of wealth in the society.

Socialism is the system of government in which there is a public ownership of production and the establishment of a society in which every person is equal.

Add your answer

Notice: Please post responsibly.

Please share this, thanks!

No responses