Socialism in Theory Is an Economic System in Which

question 29

Multiple Choice

Socialism in theory is an economic system in which:

• A) government sees to it that people work for the common good until they could be relied upon to do that on their own.
• B) the invisible hand insures that individual decisions are made for the common good.
• C) government owns the means of production, but individual self-interest determines how production is organized.
• D) individuals are able to act in the best interest of everyone without direction from government or the invisible hand.

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