Question

Which statement is true about socialism?

the government redistributes the wealth so that everyone has the same amount of money

only the neediest people in society receive welfare

private companies control all labor and its activities

community ownership of resources is preferred over private ownership

Answer 1

Answer:

Community ownership of resources is preferred over private ownership

Explanation:

Answer 2

Answer [K12 Verified]:

Community ownership of resources is preferred over private ownership.