Political Science · Political Ideologies
Which of the following is a core defining feature of Socialism?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Complete elimination of all public taxes
- 2Absolute rule by a monarch with minimal administrative structure
- 3Collective or state ownership and regulation of the means of production✓
- 4Privatization and unrestrained free-market competition
Correct answer
Collective or state ownership and regulation of the means of production
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