Socialism - SS1 Government Past Questions and Answers - page 1

1

In a socialist system, who owns and controls the means of production and distribution?

View related lesson
A

Private individuals or companies

B

The government or the workers themselves

C

Religious institutions

Ask EduPadi AI for a detailed answer

Share this question

2

What is the main goal of socialism?

View related lesson
A

To generate profit for private individuals or companies

B

To provide equal opportunities for all members of society

C

To promote competition and innovation

Ask EduPadi AI for a detailed answer

Share this question

3

Who typically sets prices in a socialist system?

View related lesson
A

Consumers

B

The government

C

Private companies

Ask EduPadi AI for a detailed answer

Share this question

4

What is the focus of production in a socialist system?

View related lesson
A

The benefit of society as a whole

B

The benefit of society as a whole

C

Meeting the needs of a particular group

Ask EduPadi AI for a detailed answer

Share this question

5

What is the focus of production in a socialist system?

View related lesson
A

The benefit of society as a whole

B

The benefit of society as a whole

C

Meeting the needs of a particular group

Ask EduPadi AI for a detailed answer

Share this question

6

What is a potential drawback of socialism?

View related lesson
A

Social and economic inequality

B

A lack of innovation

C

Social and economic inequality

Ask EduPadi AI for a detailed answer

Share this question

7

What is the difference between socialism and capitalism?

View related lesson
Ask EduPadi AI for a detailed answer

Share this question

8

What is the ultimate goal of socialism?

View related lesson
Ask EduPadi AI for a detailed answer

Share this question

Share this page