Assertion (A): A socialist economy may be slow to give consumers what they want.
Reason (R): In a socialist economy, the state, not consumer demand, decides what is produced.

Both A and R are true, and R is the correct explanation of A.Correct answerYour answerBoth A and R are true, but R is not the correct explanation of A.Correct answerYour answerA is true, but R is false.Correct answerYour answerA is false, but R is true.Correct answerYour answer

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CorrectNot quiteAnswer A

Correct answer: A

When production follows a plan rather than demand, it can lag behind what people actually want.
R explains A.

Concept: Limits of socialism
Typical timeTypical: 100 s
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The rule this testsEconomic systems

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Assertion (A): A socialist economy may be slow to give consumers what they want.Reason (R): In a socialist economy, the state, not consumer demand, decides what is produced.

Explanation

Assertion (A): A socialist economy may be slow to give consumers what they want.
Reason (R): In a socialist economy, the state, not consumer demand, decides what is produced.