WAEC 2021 Government · Question 3

An undesirable attribute of capitalism is mostly seen in

Options

  1. A.freedom of choice
  2. B.exploitation of labour
  3. C.efficient production of goods and services
  4. 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.

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