Which statement best describes a Communistic economic system?
• Businesses or individuals create a desire for a product or service and then sell the service or product to the public.
•
The government studies the needs of the citizens and then decides which business or industry will fill which needs.
• The government regulates the price of products or services so that costs do not go too high.

Question

05-05-2022
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Which statement best describes a Communistic economic system?
• Businesses or individuals create a desire for a product or service and then sell the service or product to the public.
•
The government studies the needs of the citizens and then decides which business or industry will fill which needs.
• The government regulates the price of products or services so that costs do not go too high.

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