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Question

Country X is suffering from poverty and unemployment. It is also witnessing an increasing population growth rate. Which of the following measures must be adopted by X?

1 - The state must provide employment.

2 - The basic needs of the people must be overlooked.

3 - Social welfare must be prioritised over profit.

A
1, 2, and 3
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B
2 and 3
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C
1 and 3
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D
3 only
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Solution

The correct option is C 1 and 3
Country X must adopt a socialist model in order to prioritise social welfare over profit. This would help fight poverty and unemployment even when the population is growing. Some of the features of the socialist model are state-owned resources, ensuring basic needs of people, providing employment, and most importantly, prioritising social welfare over profit.

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