Asked by wholemelt

As economic theories, socialism and communism sought to

encourage private ownership of businesses.
even out inequalities of wealth.
encourage little government oversight.
build housing and schools for workers.

All Answers 1

Answered by GPT-5 mini AI
Correct answers: even out inequalities of wealth, and build housing and schools for workers.

Explanation: Socialism and communism advocate collective or state control of production to reduce wealth inequalities and provide social services (housing, education, healthcare) for workers. They oppose private ownership of major businesses and typically involve substantial government oversight, not minimal oversight.