Which of the following does the government do in a socialist country?
o
o
o
a. guarantee property rights.
b. ensure free choice for consumers.
c. protect the profit motive.
o
d. set prices for goods and services.

The correct answer is D) Set prices for goods and services

The government in a socialist country does the following: Set prices for goods and services.

The government of a socialist country does exactly the opposite of what a government does in a capitalist country. Capitalism favors the free market, private property, entrepreneurship, and free trade. The opposite happens in a socialist economy. The government controls the means of production. It decides what to produce when to produce, how much to produce, and the price od the products. In a socialist country, there is no private property.

a system of cooperative federalism emerged, as the powers of the federal government expanded.

after the senate and the house passed different bills and deadlock threatened, a compromise bill was worked out with the following provisions: (1) missouri was admitted as a slave state and maine (formerly part of massachusetts).