Communism is a political system where all economic and political power rest in the hands of the central government. True or False? User: What is the function of an economic system?

a. to make sure all people have equal access to goods

b. to produce and distribute goods and services

c. to give all producers the same access to consumers

d. to make sure people are paid for their labor

Question

Krish Mooney

Social Studies

14 September, 19:17

Communism is a political system where all economic and political power rest in the hands of the central government. True or False? User: What is the function of an economic system?

a. to make sure all people have equal access to goods

b. to produce and distribute goods and services

c. to give all producers the same access to consumers

d. to make sure people are paid for their labor

+5

Answers (1)

Know the Answer?

Layne Guerrero · Answer 1

The first question is true: Communism is distinguished by power being in the central government, which allows only one party.

The second question: An economic system is the system in which goods and services are produced and distributed - the correct answer is b.