Answered

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Which economic system has become associated with authoritarian governments and total control of the economy?
capitalism
mercantilism
communism
socialism
barter

Sagot :

PickyTrickster
Well you can rule out communism since that is not an economic system but a system of government. Socialism is the answer you are looking for. Socialism involves the division of everything into equal parts. No economic classes is a major trait of Socialism.

Answer:

Option C, Communism, is the right answer.

Explanation:

  • An economic system in which all the means of production are controlled by the community as a whole instead of a class is known as the communist economic system.
  • In simple terms, the Communist Economic System is a system in which the major means of production, for instance, factories and mines are under the control of the public.
  • Karl Marx, a German Philosopher created this Communist theory in the 1800's.

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