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Which type of economy does this describe: The government owns all industries with total control of production, supply and prices. A Traditional Economy B Capitalist Economy C So…

Which type of economy does this describe: The government owns all industries with total control of production, supply and prices. A Traditional Economy B Capitalist Economy C So…
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1 vote
Which type of economy does this describe: The government owns all industries with

total control of production, supply and prices.

A Traditional Economy

B Capitalist Economy

C Socialist Economy

D Communist Economy

asked
User Paltoquet
by
7.7k points

2 Answers

4 votes

Answer:

D

Step-by-step explanation:

answered
User CrazyYoshi
by
8.1k points
2 votes
Answer: D. Communist Economy
answered
User Iman Mirzadeh
by
7.8k points
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