Question

Which one of the following statements reflects a characteristic of socialism?
a. Public ownership protects workers from bad working conditions.
b. Individuals control all of the businesses.
c. People must work at the jobs to which they're assigned.
d. Individuals who work hard can become very rich.

Answer 1

The answer is a. Public ownership protects workers from bad working conditions. This is where government controls industry to generate profits that would subsidize government projects such as infrastructure, education, healthcare and other services.  There are some elements of capitalism but it still regulated by government.

Answer 2

The statement which reflects a characteristic of socialism would be that public ownership protects workers from bad working conditions - a. 

Because workers and owners of the goods would be on the same side in socialism, having public ownership would protect them from bad working conditions.