Which of the Following Is a Characteristic of Socialism

question 80

Multiple Choice

Which of the following is a characteristic of socialism?

• A) It is based on private ownership of property.
• B) It highly recommends market competition.
• C) It encourages people to accumulate individual profits.
• D) It encourages private investments.
• E) It is based on collective goals.

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Definitions:

Consumer's Awareness

refers to the degree to which consumers understand and have knowledge about products, brands, and the rights and duties of themselves as consumers.

Attention

The cognitive process of selectively concentrating on one aspect of the environment while ignoring other things.

Stimulus

Something that evokes a response or reaction, particularly in the context of sensory input, psychological processes, or behavioral conditioning.

Differential Threshold

is the smallest detectable difference between two sensory stimuli, indicating the minimum change needed for detection.