select the correct answer.\nfor what purpose are goods and services produced in a socialist economy?\na…

select the correct answer.\nfor what purpose are goods and services produced in a socialist economy?\na. profits\nb. their usefulness\nc. to create demand\nd. to meet all consumer needs

select the correct answer.\nfor what purpose are goods and services produced in a socialist economy?\na. profits\nb. their usefulness\nc. to create demand\nd. to meet all consumer needs

Answer

Brief Explanations:

In a socialist economy, goods and services are produced based on their utility to society rather than for private - profit maximization. Creating demand is not the primary purpose, and it's not possible to meet all consumer needs. The focus is on the usefulness of the goods and services for the well - being of the people.

Answer:

B. their usefulness