Paper 1 · June 2023 · Business environment
A system where a few individuals own the means of production is
Acapitalism.
Bcommunism.
Cfeudalism.
Dsocialism.
Explanation
Under capitalism the land, factories and machines belong to private owners who run them for profit. Communism and socialism put those same resources in the hands of the state or the community.
ZIMSEC Commerce 4049/01, June 2023, Q1