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In Economics / Senior High School | 2025-05-16

What is socialism most known for?
A. Zero government involvement
B. Private ownership only
C. Higher government control and redistribution of wealth
D. Full religious control of the economy

Asked by markgarry5584

Answer (1)

The correct answer is letter C. Socialism allows private property but emphasizes government control, welfare programs, and redistribution. Countries like Germany use taxes to fund health and education.

Answered by MaximoRykei | 2025-05-18