Which of the Following Statements Is True About Communism

question 37

Multiple Choice

Which of the following statements is true about communism?

• A)It is characterized by the government owning and operating most businesses.
• B)It relies on supply and demand to make decisions about pricing and production of goods.
• C)It encourages private ownership of the means of production.
• D)It encourages free market and competition.
• E)It provides scope for the production of a large variety of goods and services.

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Definitions:

Lewis Structure

A representation of molecules showing how the valence electrons are arranged among the atoms in the molecule, including any lone pairs of electrons.

Bromine

A chemical element with symbol Br and atomic number 35, known for its reddish-brown color and presence in many organic and inorganic compounds.

Covalent Bond

A chemical bond formed by the sharing of one or more pairs of electrons between atoms to achieve stability.

Lone Pair Electrons

A pair of valence electrons that are not shared with another atom and hence do not participate in bonding but influence molecular shape and polarity.