Identify the form of business ownership in communist systems.
A)Individuals own and operate all businesses.
B)The government owns and operates major industries; individuals own small businesses.
C)Religious groups own businesses and dictate norms of business.
D)Government owns most businesses and operates them single-handedly.
E)Market forces and private enterprise stakeholders own businesses.

Question

Quizplus · Accepted Answer

In communist systems, the government typically owns and operates most businesses, controlling the means of production and distribution.

Identify the Form of Business Ownership in Communist Systems