Which of the following statements provides the most accurate comparison of socialism and communism?
A) Under socialism, the government owns most businesses, while under communism the church owns most businesses.
B) Both socialism and communism strive to achieve a more equal distribution of income and wealth, but under communism, the government takes greater control.
C) Socialism strives for an equal distribution of income but communism wants income to go primarily to those who own and operate private businesses.
D) Communism believes that the government should always strive to balance its budget, while socialism accepts deficit spending as the price of achieving true equality.

Question

Quizplus · Accepted Answer

Both socialism and communism share the goal of achieving a more equal distribution of income. However, communism relies even more heavily on the government to achieve this goal than socialism. Under communism the government makes almost all major economic decisions, and is more intrusive in the lives of its citizens than is government in a socialist economy.

Which of the Following Statements Provides the Most Accurate Comparison