A nation that adopts communist economics is devoid of a free market system and hence develops:
A) intense competition among business owners.
B) a number of privatelyowned businesses.
C) adequate production mechanisms.
D) crippling shortages and surpluses.

Question

A nation that adopts communist economics is devoid of a free market system and hence develops:
A) intense competition among business owners.
B) ​a number of privately­owned businesses.
C) adequate production mechanisms.
D) crippling shortages and surpluses.

Quizplus · Accepted Answer

A communist economy doesn't have a free market system, which means the government controls the means of production and distribution. This can lead to inadequate production mechanisms which result in crippling shortages and surpluses.

A Nation That Adopts Communist Economics Is Devoid of a Free