Which of the Following Is Not a Characteristic of a Socialist

question 48

Multiple Choice

Which of the following is not a characteristic of a socialist economy?

• A) All capital and capital goods are privately owned.
• B) The government owns and controls key industries.
• C) Land and raw materials may be the property of the state.
• D) What to produce and how to produce it are based on national goals.
• E) Distribution of goods and services is controlled by the state.

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Definitions:

Binary

A base-2 numeral system or binary system, represents numeric values using two symbols: 0 and 1.

Text

A sequence of characters or symbols that convey meaningful information, usually meant to be read.

Stream

In computing, a sequence of data elements made available over time, often used for input and output operations.

Stdout

Standard Output, a predefined file stream in computer programming used to output data to the screen or another output destination.