A. Collective ownership of productive resources
B. Freedom of enterprise
C. production is not based on the profit motive
D. Maximization of public welfare
Correct Answer: Option A
A. Collective ownership of productive resources
Explanation
The main feature of socialism is the common ownership of means of production and distribution.
300 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…
200 Level Estate Management and Valuation Department exam questions and detailed answers. Download the answers…