Which of following is not a feature of socialism?
...Which of following is not a feature of socialism?
Collective ownership of productive resources
Freedom of enterprise
Production is not based on the profit motive
Maximization of public welfare
Correct answer is A
The main feature of socialism is the common ownership of means of production and distribution.
The total value of goods and services produced within the borders of a country is ...
Product differentiation in monopolistic competition implies that ...
One of the factors affecting geographical distribution of population is ...
An association of workers in a particular industry, firm or line of job is called ...
A minimum price legislation is also called ...
The meaning of 'wage-price spiral' is? ...
The main objectives of public expenditure does NOT include ...