Ask Question
17 August, 20:29

Which of the following economic systems is also a social organization in which all property is held in common, the wealth is redistributed among the different social classes and the government controls all land, labor and capital? us government

+3
Answers (1)
  1. 17 August, 23:33
    0
    Communism

    Explanation:

    Communism is an ideology that was developed by great Karl Marx and Frederick Engels advocating for a classless society so they came up with the idea of communism to eliminate the exploitation of workers and resources by few. And what is: Communism can also be referred to as a command system, this is an economic system where the government holds most of the factors of production (land, labor, capital) and determines the distribution of resources and what goods and services will be provided.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which of the following economic systems is also a social organization in which all property is held in common, the wealth is redistributed ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers