Question

What is the term for the economic

system in which the government owns
the businesses?
A. Communism
B. Capitalism
C. Private ownership
D. Private enterprise

Answer 1

Communism is the answer.

Step-by-step explanation:

Communism Definition: a political theory derived from Karl Marx, advocating class war and leading to a society in which all property is publicly owned and each person works and is paid according to their abilities and needs.

Answer 2

A. Communism

Step-by-step explanation:

Communism, also known as a command system, is an economic system where the government owns most of the factors of production and decides the allocation of resources and what products and services will be provided.