WAEC 2021 Government · Question 3
An undesirable attribute of capitalism is mostly seen in
Options
- A.freedom of choice
- B.exploitation of labour
- C.efficient production of goods and services
- D.effective utilization of labour
Answer: B. exploitation of labour
Explanation written with AI and checked against the answer key
Step 1: Analyze the question The question asks for an undesirable (negative) feature of capitalism. So we need to eliminate the positive features and find the drawback.
Step 2: Concept Capitalism is an economic system in which the means of production are privately owned and run for profit. Its strengths and weaknesses are:
- Strengths: freedom of choice, competition, efficiency, innovation, and a wide variety of goods and services.
- Weaknesses: wide gaps between rich and poor, exploitation of workers (low wages and poor conditions as owners chase profit), monopolies, and unemployment during economic downturns.
Step 3: Evaluate the options
- A. Freedom of choice: This is a desirable feature. Consumers, workers, and investors can choose freely.
- B. Exploitation of labour: This is undesirable. Owners of capital want maximum profit, so they may underpay workers and make them work long hours. This is the classic criticism made by Karl Marx.
- C. Efficient production of goods and services: This is a benefit, driven by competition and the profit motive.
- D. Effective utilization of labour: This is also positive, since labour is put to productive use.
Step 4: Answer Only option B describes a negative side of capitalism.
Tip: In Government questions that use words like "undesirable," "disadvantage," or "demerit," look for the option with a negative meaning, such as exploitation, inequality, or monopoly. The other options will usually be advantages. Remember: Capitalism → Profit → Exploitation of labour.
AI can make mistakes. Report anything that looks wrong.
Past questions © the examination body (JAMB/WAEC/NECO). DeeepSolve is not affiliated with them. Rights holders: see /copyright.
