A Major Premise of a Socialist System Is

question 69

Multiple Choice

A major premise of a socialist system is

• A) to make sure that the people who create wealth are allowed to keep that wealth.
• B) to reduce the inequality in the distribution of wealth.
• C) to create incentives to encourage entrepreneurs to create jobs and economic growth.
• D) to keep tax rates extremely low so that businesses do not need to support government projects.

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Definitions:

Settlement House Movement

A social reform effort that began in the late 19th century, focusing on the improvement of conditions in poor urban areas through community centers.

Dispossessed Groups

Communities or individuals who have been stripped of their possessions, land, or rights, often leading to marginalization and deprivation.

Economic Organization

The structured systems and processes through which goods and services are produced, distributed, and consumed within an economy.

Unrelated Parts

Unrelated parts refer to components or elements that do not have a direct connection or association with each other within a specific context or system.