Which among the following statements that describe the nature of Soviet economy is wrong?
Explanation
Option (c) is the wrong statement because the context clearly indicates that people did NOT enjoy economic freedom in the Soviet economy. The context states that 'State ownership was the dominant form of ownership: land and productive assets were owned and controlled by the Soviet state.' It further mentions that 'The Communist Party that had ruled the Soviet Union for over 70 years was not accountable to the people' and that 'Ordinary people were alienated by slow and stifling administration.' The system failed to fulfill 'the political or economic aspirations of citizens' and there were 'shortages in all consumer goods.' The other options (a), (b), and (d) correctly describe the Soviet economy as having socialism as the dominant ideology, state ownership over factors of production, and state planning and control over every aspect of the economy.