Which of the following is a difference between communism and socialism,as described by the text?
A) Under socialism,the government owns some firms,but under communism,the government does not own any major assets.
B) Under communism,the government takes responsibility for overall management of the economy,whereas under socialism,the government does not try to manage the overall economy.
C) Under socialism,the economy operates mainly through private transactions,but under communism,the government owns a number of major industries and tries to provide for people's basic economic needs.
D) Under communism,the government manages the economy completely but does not attempt to provide for people's basic needs; under socialism,the government does not manage the economy completely,but does attempt to provide for people's basic needs.
E) Under socialism,the government owns more industries than a communist government,but provides less direct benefit for individuals' welfare.
Correct Answer:
Verified
Q9: Europeans have a greater acceptance than Americans
Q14: Which of the following characterizes journalist Walter
Q27: The fact that farmers have more influence
Q33: Which of the following is an accurate
Q36: The Bill of Rights added to the
Q36: Research suggests which of the following is
Q37: To what aspect of America were William
Q41: Define politics,power,and authority.
Q47: The average incomes of minimum-wage workers in
Q51: To what degree is American democracy majoritarian,and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents