Within a fully employed, centrally planned economy that provides basic housing, food, and clothing at very affordable levels for all,
A) there is no need for unemployment insurance, welfare, or other social programs.
B) there is a real need for government social welfare programs.
C) there is a need for government to permit market-determined prices.
D) there is a need for government to permit market-determined wages.

Question

Quizplus · Accepted Answer

In a centrally planned economy where basic needs are met affordably for all, there is no need for additional social welfare programs like unemployment insurance or welfare, as the state already provides for these needs.

Within a Fully Employed, Centrally Planned Economy That Provides Basic