asked 188k views
1 vote
Mike lives in a country in which the government owns all the property and controls all the natural resources; he likely lives in a:

democracy.

republic.

communist country.

territory.

asked
User Binit
by
9.1k points

2 Answers

7 votes
Communist country I believe.
answered
User Wloleo
by
9.1k points
6 votes

Answer:

Mike lives in a communist country.

Step-by-step explanation:

In a communist country, the factors of production are owned by the government, which also controls natural resources and decides how they will be allocated on behalf of the public.

This economic system is against private ownership of factors of production.

answered
User Ryder
by
7.4k points

No related questions found