Q represent the quadrant of the graph
The correct answer is letter D. self-interest/competition. Economists Adam Smith and Thomas Malthus wrote that all players in the market are motivated by self-interest, yet regulated by competition.
Here are the choices.
<span> A. need/want
B. income/jobs
C. supply/demand
D. self-interest/competition</span>
Answer: D. An economic system characterized by voluntary allocation
Explanation: Socialism promotes or encourages the need for production, distribution and exchange to be run by community at large instead of only the government running the affairs of the community.
Socialism is a shared responsibility for the production and distribution of resouces between individuals in the community or a group. It is the economic and political theory that encourages individuals to do things collectively for the common goal of the society.