which statement is characteristic of a communist system? choose four answers.\nthe government controls the…

which statement is characteristic of a communist system? choose four answers.\nthe government controls the means of production.\nprices and wages are set by supply and demand.\nthe government regulates a centrally planned economy.\nentrepreneurs are encouraged to take risks.\nprices and wages are set by the government.\nbusinesses are free to follow their own best interests.\na single authoritarian party holds complete power.

which statement is characteristic of a communist system? choose four answers.\nthe government controls the means of production.\nprices and wages are set by supply and demand.\nthe government regulates a centrally planned economy.\nentrepreneurs are encouraged to take risks.\nprices and wages are set by the government.\nbusinesses are free to follow their own best interests.\na single authoritarian party holds complete power.

Answer

Brief Explanations:

In a communist system, the government has significant control. It controls the means of production, regulates a centrally - planned economy, sets prices and wages, and in some historical cases, a single - party system has been in place. Market - driven mechanisms like supply and demand determining prices and wages, and encouragement of entrepreneurial risk - taking are not typical. Businesses acting in their own best interests freely is also not characteristic.

Answer:

The government controls the means of production. The government regulates a centrally planned economy. Prices and wages are set by the government. A single authoritarian party holds complete power.