An economic system wherein private ownership is largely forbidden and all industries and resources are under the control of the

Question

andrew-mc [135]

2 years ago

8

An economic system wherein private ownership is largely forbidden and all industries and resources are under the control of the

state. A. socialism B. communism C. democracy D. oligarchic

English

2 answers:

tiny-mole [99] · Answer 1 · 2022-07-21T06:54:40+03:00

According to communism, private property has to be abolished and everything that is owned must be owned by all members of society. It means that all of the property must be created, owned and shared collectively. Therefore, the centralized government is preferred. The correct answer is B.

WARRIOR [948] · Answer 2 · 2022-07-21T04:38:35+03:00

WARRIOR [948]2 years ago

6 0

The correct answer is communism

Give me brainliest if it is correct!