Professional Courses
Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.
Categories
Interactive Games
Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.
Typing
Memory
Math
English Adventures
Knowledge
Enroll to start learning
You’ve not yet enrolled in this course. Please enroll for free to listen to audio lessons, classroom podcasts and take practice test.
Practice Questions
Test your understanding with targeted questions related to the topic.
Question 1
Easy
What is a socialist economy?
💡 Hint: Think about who controls the resources.
Question 2
Easy
Name a country that has a socialist economy.
💡 Hint: Consider the examples we discussed in class.
Practice 4 more questions and get performance evaluation
Interactive Quizzes
Engage in quick quizzes to reinforce what you've learned and check your comprehension.
Question 1
In a socialist economy, who owns the means of production?
- Private Individuals
- Government
- Cooperatives
💡 Hint: Think about who makes the decisions.
Question 2
True or False: The profit motive is a primary driver of a socialist economy.
- True
- False
💡 Hint: What motivates production in socialism?
Solve 1 more question and get performance evaluation
Challenge Problems
Push your limits with challenges.
Question 1
Evaluate how a shift from a capitalist to a socialist economy might impact a country's innovation and competitiveness.
💡 Hint: Consider the balance between profit motivation and state funding.
Question 2
Discuss the implications of public ownership on workers’ rights and employment stability in a socialist economy.
💡 Hint: Think about how ownership affects employee motivation.
Challenge and get performance evaluation