Communist and Socialist Systems Can Best Be Differentiated Based Who

question 111

Multiple Choice

Communist and socialist systems can best be differentiated based who controls the ______.

• A)means of production and distribution
• B)governmental decision-making process
• C)economic decision-making process
• D)behavior of individual citizens

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Definitions:

Quintile

A statistical value that represents 20% of a given population or dataset, dividing it into five equal parts.

Percentage

A rate, number, or amount in each hundred.

Income Distribution

A measure of how a nation’s total GDP is distributed amongst its population.

Incentive

something that motivates or encourages an individual or entity to perform or act in a certain manner.