In a country,the state owns all major productive resources from electricity to transportation.The country has very few opportunities for entrepreneurship and the economic classes are absent.The economy of this country is characterized by which of the following economic systems?
A) anarchism
B) communism
C) capitalism
D) socialism
E) mixed

Question

Quizplus · Accepted Answer

A)In communism, the state owns all the major productive resources. Economic classes are absent and there are few opportunities for entrepreneurship.
B)In communism, the state owns all the major productive resources. Economic classes are absent and there are few opportunities for entrepreneurship.
C)In communism, the state owns all the major productive resources. Economic classes are absent and there are few opportunities for entrepreneurship.
D)In communism, the state owns all the major productive resources. Economic classes are absent and there are few opportunities for entrepreneurship.
E)In communism, the state owns all the major productive resources. Economic classes are absent and there are few opportunities for entrepreneurship.

In a Country,the State Owns All Major Productive Resources from Electricity