Which of the following is a negative factor that affects socialist economic systems?
A)Excessive private ownership of healthcare services
B)Absence of a tax structure
C)Inefficiencies and corruption
D)Lack of government ownership of key enterprises

Question

Quizplus · Accepted Answer

Inefficiencies and corruption can be a negative factor that affects socialist economic systems. This is because socialist systems rely on government control and allocation of resources, but if the government is inefficient or corrupt, the distribution of resources may not be fair or effective. This can result in a lack of productivity and economic growth.

Which of the Following Is a Negative Factor That Affects