Which of the following does socialism reject?

Nature Theories and State Function MCQs for PPSC, FPSC, NTS, and Pakistan government job tests. Select an option below, then read the explanation.

PPSCFPSCNTSPakistan govt jobs
Subject
Nature Theories and State Functionpolitical-science-mcqs › nature-theories-and-state-function
Published
7 Jun 2022
Last updated
28 May 2026

Browse all Nature Theories and State Function MCQs

Choose the correct answer

Explanation

Socialism supports social welfare and equitable wealth distribution, as well as collective ownership. However, it opposes free-for-all competition without regulations, which is typical in capitalist systems.

PakQuizHub — free MCQs and past papers for Pakistan government job tests. Content is for educational practice only.