Question

18

Which of the following is a similarity between socialism and communism?
A both allow free market systems
B both allow freedom in work choices for the people
C bothhavelowtaxation policies
D both have strong involvement of the government

Answer 1

D both have strong involvement of the government

Step-by-step explanation:

Both socialism and communism are characterized by strong government participation in economic activities. The two systems advocates for public ownership of the factor of production. The government owns and controls the production and distribution of goods and services.

Socialists and communist market systems promote the greater good of society rather than individual benefits as in the free-market economies.