Examlex
Which of the following DO NOT describe the operation of a socialist economy?
Welfare Payments
Financial assistance provided by the government to individuals or families in need, aimed at ensuring a minimum level of well-being and social support.
Urban
Relating to or characteristic of a city or town.
Market-Oriented Economy
An economic system where decision-making and investment are determined by the signals from markets rather than by central planning by the government.
Monetary Transactions
Financial activities involving the transfer of money from one party to another, can include both domestic and international transactions.
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