Which of following is not a feature of socialism?

a

Collective ownership of productive resources

b

Freedom of enterprise

c

production is not based on the profit motive

d

Maximization of public welfare

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Correct Option
a

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wonubimpe
4 years ago

the correct answer is b
there is only freedom of enterprise in capitalism

Socialism is a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole which means there is collective ownership

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