An economic system where all the property is shared equally by the people under the direction of a strong central government is called

Name: An economic system where all the property is shared equally by the people under the direction of a strong central government is called
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Question

Quizplus · Accepted Answer

The description given in the question is a textbook definition of communism, where there is no private ownership of property and the state controls the means of production, distribution, and exchange of goods and services.

An Economic System Where All the Property Is Shared Equally