In which of the following economic systems do most people work for government-owned industries or farms?
A)Capitalist
B)Communist
C)Socialist
D)Libertarian
E)Neo-realist

Question

Quizplus · Accepted Answer

In a communist economic system, most industries and farms are owned and operated by the government, and the majority of people work in these government-owned entities. This system aims to eliminate private ownership of the means of production, with the state controlling and managing economic activities.

In Which of the Following Economic Systems Do Most People