Although it has been considered a capitalist economy in the past,for the past several years the economy of the nation of Suburbania has become more socialist in its characteristics.Which of the following trends is most likely to be associated with Suburbania's movement toward socialism?
A)lower tax rates
B)more rapid economic growth
C)a more equal distribution of wealth
D)increasing reliance on markets to determine economic outcomes

Question

Quizplus · Accepted Answer

Socialism is characterized by a focus on reducing wealth inequality and promoting more equal distribution of resources. Lower tax rates and reliance on markets are more aligned with capitalist economies. Rapid economic growth is not necessarily a defining characteristic of socialism.

Although It Has Been Considered a Capitalist Economy in the Past,for