1. Statements II and IV
2. Determining he goal and criteria
He ends up back at the starting point because if he walks the same steps forwards and backwards he would be in the same spot
United State Of American and Canada
A socialist economy is a system of production where goods and services are produced directly for use, in contrast to a capitalist economic system, where goods and services are produced to generate profit (and therefore indirectly for use). "Production under socialism would be directly and solely for use.