Question

Which statement is characteristic of a communist system? Choose four answers. The government controls the means of production. Prices and wages are set by supply and demand. The government regulates a centrally planned economy. Entrepreneurs are encouraged to take risks. Prices and wages are set by the government. Businesses are free to follow their own best interests. A single authoritarian party holds complete power.

Answer 1

The government controls the means of production.

The government regulates a centrally planned economy.

Prices and wages are set by the government.

A single authoritarian party holds complete power.

Step-by-step explanation:

A/1, C/3, E/5, G/7