Question

In her principles of economics course, Valentina learned about the characteristics of socialism. These characteristics include all but which of the following?

a) Centralized government control of the means of production
b) Distribution of wealth based on need
c) Private ownership of the means of production
d) Social equality

Answer 1

Socialism does not include private ownership of the means of production.

Step-by-step explanation:

The characteristics of socialism include centralized government control of the means of production, distribution of wealth based on need, and social equality. However, private ownership of the means of production is not a characteristic of socialism.