Which of the following is not a feature of capitalism?

Assessment: WAEC SSCE - Government - 1995 (Objective) Subject: Government

Question 1 Report

Which of the following is not a feature of capitalism?
Answer Details
The option that is not a feature of capitalism is "Dictatorship of the proletariat". This is because the concept of dictatorship of the proletariat is associated with communism, not capitalism. Capitalism is an economic system characterized by free enterprise, private ownership of capital, minimal government intervention, and the pursuit of profit maximization by individuals or firms. In capitalism, the means of production are privately owned and operated for profit in a competitive market. Workers are free to sell their labor to the highest bidder and consumers are free to buy goods and services at the lowest prices.

Download The App On Google Playstore

Everything you need to excel in your exams

Green Bridge CBT Mobile App
Personalized AI Learning Chat Assistant
200,000+ Exam Questions Across IGCSE, JAMB, WAEC & NECO
Over 3,900 Lesson Notes
Offline Support - Learn Anytime, Anywhere
Green Bridge Timetable
Literature Summaries & Potential Questions
Track Your Performance & Progress
In-depth Explanations for Comprehensive Learning