MCQ practice · SSC Bangladesh and Global Studies Board questions · Chapter 10: The National Resources and the Economic Systems
How are the factors of production under the capitalist economic system?
Think it through first, then pick an option.
- a privately owned
- b collective
- c state-owned
- d a gift from all
Answer and explanation
Correct answer: a privately owned
In the capitalist system land, labour, capital and organization are under private ownership.
Why the other options are wrong
- b collective: Collective ownership is not a feature of capitalism in the book.
- c state-owned: State ownership is the feature of the socialist system.
- d a gift from all: The book has no ownership called a gift from all.
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