menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business
  4. Exam
    Exam 2: Economics: the Framework of Business
  5. Question
    Socialism Is an Economic System Based on the Principle That
Solved

Socialism Is an Economic System Based on the Principle That

Question 61

Question 61

True/False

Socialism is an economic system based on the principle that the government should own and operate key enterprises that directly affect public welfare.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q56: For which of the following reasons is

Q57: The economic restructuring necessary to move toward

Q58: Ashley has decided to purchase a dress

Q59: Following the global economic crisis, which of

Q60: Which of the following nations developed a

Q62: The unemployment rate measures individuals 16 years

Q63: Which of the following is NOT a

Q64: A key economic goal is to provide

Q65: In late 2010, many socialistic economies decided

Q66: While the U.S. relies heavily on free

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines