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

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Correct Option
a

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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

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