Which of the following is a negative factor that interferes with the effectiveness of 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

Socialist economic systems often face challenges such as inefficiencies and corruption due to centralized control and lack of competition, which can hinder their effectiveness.

Which of the Following Is a Negative Factor That Interferes