Teacha
  • Courses
  • Mock Exams
  • For Tutors
  • For Schools
  • Pricing
Log InStart Free
  1. Past Questions
  2. /
  3. WAEC
  4. /
  5. Economics
  6. /
  7. 2009
  8. /
  9. Q7
Question 7

In a capitalist economy, resources are

  • A.collectively owned
  • B.jointly owned
  • C.privately owned
  • D.communally owned
Objective

Question details

Exam body
WAEC
Subject
Economics
Year
2009
Question no.
#7
Type
Objective
Previous · Q6the economic system which relies mainly on the price mechanism for the… Next · Q8 An economic system where the central planning authority determines what goods to…

More from this paper

  • Q3choice is necessitated by
  • Q4A type of unemployment which occurs due to technological progress is called
  • Q5All the following are features of market economies except
  • Q9The main objective of setting up a private business organization is to
  • Q10The demand and supply function of a commodity are given as below. Qd = 20 - 2p…
  • Q11The type of demand that exist between torchlight and battery is
See all Economics 2009 questions
Teacha

Africa's learning & exam readiness platform. Built for students, tutors, and schools.

Platform

  • Courses
  • Mock Exams
  • Past Questions

For You

  • I'm a Tutor
  • I'm a School
  • Pricing

© 2025 Teacha. Built for African learners, tutors, and schools. Teacha is not affiliated with WAEC, NECO, or JAMB. All past questions are sourced from publicly available materials.

Privacy PolicyTerms of UseCookie Policy