Question 16 • S1S: W. Hist/Geo/Cult 10A (E1162 - AG)
Which statement is characteristic of a communist system? Choose four answers.The government controls the means of production.Prices and wages are set by supply and demand.The government regulates a centrally planned economy.Entrepreneurs are encouraged to take risks.Prices and wages are set by the government.Businesses are free to follow their own best interests.A single authoritarian party holds complete power.
Answer
A
The government controls the means of production.
B
Prices and wages are set by supply and demand.
C
The government regulates a centrally planned economy.
D
Entrepreneurs are encouraged to take risks.
E
Prices and wages are set by the government.
F
Businesses are free to follow their own best interests.
G
A single authoritarian party holds complete power.