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Which is/are TRUE about Socialist societyGovernment decides what goods are to be produced in accordance with the needs of societyGovernment decides how goods are to be produced and how they should be distributedIf labour is cheaper than capital more labour-intensive methods of production will be used and vice-versaWhich is/are correct?

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Which is/are TRUE about Socialist society<br>Government decides what goods are to be produced in accordance with the needs of society<br>Government decides how goods are to be produced and how they should be distributed<br>If labour is cheaper than capital more labour-intensive methods of production will be used and vice-versa<br>Which is/are correct?






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