Multiple choice general knowledge

Socialism is opposed to

  1. social security scheme

  2. equal distribution of wealth

  3. unrestricted competition

  4. collective ownership and management

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Socialism fundamentally opposes unrestricted competition as it leads to exploitation and inequality. Socialism advocates for collective ownership, social security schemes, and equal distribution of wealth - all principles mentioned in the other options. The core opposition is to cut-throat competition which socialism views as harmful to social welfare.