Which of the following is NOT a feature of capitalism ?

Source: JAMB · 2024

Which of the following is NOT a feature of capitalism ?

  1. detailed economics planning ✓
  2. Free enterprise
  3. competition
  4. private ownership of property
Explanation

Capitalism relies on market forces, not government planning. The market decides what to produce and at what price.

Free enterprise, competition, and private ownership are all features of capitalism. Central planning belongs to socialist systems.

In capitalism, the invisible hand of the market guides production, not government planners.

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