A major disadvantage of a socialist economy is that

a

corruption is rampant

b

consumer's sovereignty is lost

c

income inequality is entrenched

d

there is high level of unemployment

Download Offline App Ask a Question

Explanation

Correct Option
a

Video Explanation

No video available

Post your Contribution

Share:

Discussions (7)

abdulmassari
9 years ago

Haba ur ans is very wrong pls.. The correct ans is B. Ur selected ans is on a mixed economy

cliffordv
2 months ago

but consumer sovereignty is also lost

Alex0vi0
2 years ago

it is correct naw,..they said the MAIN,...in a command economy which is government ownership,..is corruption

ayomidewilliams
7 years ago

the correct answer is consumer sovereignty is lost

Akoredejimoh
2 years ago

Review your answer

Akoredejimoh
2 years ago

ls not correct

Quick Questions

Ask a Question
LO

Lekman2027

14th August, 2025

Mathematics


3 comments

happysolomon

22nd June, 2026


1 comments
AF

Fifi53453

23rd June, 2026


1 comments