Identify the Form of Business Ownership in Communist Systems

question 82

Multiple Choice

Identify the form of business ownership in communist systems.

• A)Individuals own and operate all businesses.
• B)The government owns and operates major industries; individuals own small businesses.
• C)Religious groups own businesses and dictate norms of business.
• D)Government owns most businesses and operates them single-handedly.
• E)Market forces and private enterprise stakeholders own businesses.

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Definitions:

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A good or service that is produced for personal consumption by the general public.

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A monumental statue situated on Liberty Island in New York Harbor, symbolizing freedom and democracy, and welcoming immigrants to the United States.