WORLD HISTORY

HISTORY

THE COLD WAR ERA

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
What is the central characteristic of a communist economy?
A
the government is run by a dictator
B
the government controls businesses and property
C
people are falsely imprisoned by the government
D
freedom of the press is ignored
Explanation: 

Detailed explanation-1: -In communism, the state owns the means of production and controls the economy. The state centralized economic planning and decision-making. In a communist society, there is no private property. The state owns all property and the means of production.

Detailed explanation-2: -Seeks a classless society. Seeks to eliminate religion. No private ownership of land or property. Seeks an international revolution.

There is 1 question to complete.