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Which of the following countries has a communist economy with collective ownership of production and profit?

A. Cuba
B. North Korea
C. China
D. All of the above

1 Answer

3 votes

Final answer:

Cuba, North Korea, and China have a communist economy with collective ownership of production and profit.

Step-by-step explanation:

In communist countries like Cuba, North Korea, and China, the economy is characterized by collective ownership of production and profit. These countries have a communist economic system where the government exerts control over the economy centrally, owning or controlling the means of production and setting the prices for goods and services.

answered
User Dapangmao
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