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Which of the following does the government do in a socialist country?

  • Question 13a of 25 - Socialism

  • Maximum Attempts: 1
  • Question Type: Multiple Choice
  • Maximum Score: 2
  • Question: Which of the following does the government do in a socialist country?
  • Answers:
  1. Set prices for goods and services.
  2. Ensure free choice for consumers.
  3. Guarantee property rights.
  4. Protect the profit motive.

The correct answer is: Set prices for goods and services. Under socialism, the government sets prices.

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