Which System Is Characterized by the Public Ownership of Resources

question 136

Multiple Choice

Which system is characterized by the public ownership of resources and centralized planning?

• A) a pure command system
• B) a transitional system
• C) a traditional system
• D) a pure capitalism system
• E) a mixed system

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Definitions:

Critical Thinking Skills

The ability to actively and skillfully conceptualize, apply, analyze, synthesize, and evaluate information to make informed judgments and solve problems.

Positive Attitude

A mental outlook of optimism and of expecting good outcomes, which can influence one's resilience and approach to challenges.

Time Management

An assortment of skills, tools, and practices used to manage time during daily activities and when accomplishing specific projects.

Prospective Employee

An individual who is being considered for employment within an organization.