Question

question 17 (1 point)
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in a socialist system:
countries try to become dependent on a few products
most of the economy is privately held, and the government is a weak watchdog
capitalism is found mostly in import substituting zones or rural areas
the state owns and controls key means of production

Explanation:

In a socialist system, the state plays a significant role in the economy. One of the key characteristics is that the state owns and controls the key means of production. This is in contrast to a capitalist system where private ownership is more prominent.

• Option 1: Dependence on a few products is not a defining feature of a socialist system.
• Option 2: In a socialist system, the government has a more active role rather than being a weak watchdog, and much of the economy (especially key sectors) is state - owned, not mostly privately held.
• Option 3: Capitalism being in import - substituting zones or rural areas is not a characteristic of a socialist system.

Answer:

The state owns and controls key means of production.