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3 votes
Which statement about capitalist and communist economic systems is correct?

A In a communist system people can work for themselves or a privately owned business
B In a communist system individuals and corporations own businesses and property
C In a capitalist system business owners who work hard can increase their profits
D In a capitalist system the government decides which goods to produce and sets the price

2 Answers

4 votes

So the answer is C every on

User Shark
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A In a communist system people can work for themselves or a privately owned business - no, this is false: in a communist system, the businesses are owned by the people, all the people own all the businesses together!


B In a communist system individuals and corporations own businesses and property - false, the people collectively own it!

C In a capitalist system business owners who work hard can increase their profits - this is the correct answer!


D In a capitalist system the government decides which goods to produce and sets the price - false, the government does not intervene!
User VolatileRig
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7.8k points