Which of the following statements about socialism is false?
a. People can own private property.
b. People still make economic decisions.
c. The government owns some large industries such as health care and the railroads.
d. The government tells people where to work. MY ANSWER
Yes, you are right! Socialism is a less extreme form of communism: while the government still owns the means of production, people are receiving wages and they can choose what to spend them on. They can also choose their career, but the wages throughout the different careers are more equal.
