Communism Is an Economic System in Which

question 116

Multiple Choice

Communism is an economic system in which

• A) the government and private citizens own equal shares of the economic resources.
• B) almost all of the productive resources are owned by private businesses.
• C) the government makes almost all of the major economic decisions.
• D) individual consumers make all economic decisions.

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Definitions:

Median

The median is the central number in a series of data after it has been organized in either increasing or decreasing sequence.

Median

The middle value in a list of numbers, which divides the data set into two halves.

Standard Deviations

A numerical metric that calculates the extent of spread or deviation of a dataset values from its average.

Percent Of People

A statistical measurement that represents a portion of a total group or population in terms of a percentage.