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Socialism and Capitalism

Socialism bel...

Question

Socialism believes in ________-driven society.

A

profit

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B

non-profit

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C

loss

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D

excess

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Solution

The correct option is B non-profit
According to the socialist view, the individuals live in cooperation with each other in the society. Further, everything the people produce is a social product and everybody who contributes to it has a right to share it. It is against sole profit-making.

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Socialism and Capitalism

Standard IX History

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