Which of the Following Is a Major Defect of Socialist

question 92

Multiple Choice

Which of the following is a major defect of socialist economies, from the point of view of capitalists?

• A) They do not provide worker incentives, encourage wasteful consumption, and are inefficient and less productive.
• B) They do not provide for a progressive tax structure.
• C) They do not seek innovation in industry.
• D) They waste too much time talking instead of doing.
• E) They are less likely to invest in technology until it is out of date.

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Definitions:

Oxygen

A chemical element (O) essential for most forms of life, involved in cellular respiration and used in various industrial applications.

Enuresis

The medical term for involuntary urination, especially by children at night.

-esis

-esis is a suffix used in medical terminology to indicate an action, process, or condition, often used to describe pathological conditions.

Serum

The liquid part of blood that remains after clotting has occurred, devoid of cells and fibrinogen but full of proteins and antibodies.