Which of the following is a difference between socialist economic systems and free enterprise systems?
A) Citizens in socialist economic systems are charged lower taxes, whereas citizens in free enterprise systems are charged higher taxes.
B) Citizens in socialist systems are not incentivized workers, whereas citizens in free enterprise systems are highly incentivized workers.
C) Citizens in socialist economic systems have to pay for certain services themselves, whereas citizens in free enterprise systems avail these services through taxation.
D) Citizens in socialist economic systems avail certain services through taxation, whereas citizens in free enterprise systems have to pay for these services themselves.

Question

Quizplus · Accepted Answer

In socialist systems, certain services like healthcare and education are often provided by the state and funded through taxation, whereas in free enterprise systems, individuals may need to pay for these services themselves.

Which of the Following Is a Difference Between Socialist Economic