Which of the Following Is Not One of the Three

question 62

Multiple Choice

Which of the following is not one of the three principal components of a socialist economy?

• A) Government ownership of the means of production
• B) Workers directed by a government planning board as to where they will work and how much they will be paid
• C) Entrepreneurs are encouraged by the profit motive, rather than government directive, to satisfy consumer wants in the most efficient manner possible
• D) Distribution is according to need

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Definitions:

Clear Picture

A detailed and unambiguous presentation or understanding of a situation, concept, or visual image.

Commitment

A pledge or promise to do something; showing dedication and loyalty to a cause, activity, or job.

Henry David Thoreau

A 19th-century American essayist, poet, and philosopher known for his writings on natural history, social critique, and civil disobedience.

Dreams

A series of thoughts, images, and sensations occurring in a person's mind during sleep.