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The term "socialism" refers to which of the following?a)A religion centered on community interaction.b)An economic system characterized by private ownership of resources, and decentralized market allocation.c)An economic system characterized by government ownership of resources and centralized allocation.d)None of the abovCorrect answer is option 'C'. Can you explain this answer? for CA CPT 2024 is part of CA CPT preparation. The Question and answers have been prepared according to the CA CPT exam syllabus. Information about The term "socialism" refers to which of the following?a)A religion centered on community interaction.b)An economic system characterized by private ownership of resources, and decentralized market allocation.c)An economic system characterized by government ownership of resources and centralized allocation.d)None of the abovCorrect answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA CPT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The term "socialism" refers to which of the following?a)A religion centered on community interaction.b)An economic system characterized by private ownership of resources, and decentralized market allocation.c)An economic system characterized by government ownership of resources and centralized allocation.d)None of the abovCorrect answer is option 'C'. Can you explain this answer?.

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