Asked by

Madison Driggers
on Nov 22, 2024

verifed

Verified

What distinctive feature characterizes a communist economic system?

A) state ownership of property
B) competition in the pursuit of collective profit
C) private ownership of the military
D) a free market

Communist Economic System

An economic model where all means of production are owned by the community as a whole, aiming for a classless society where goods are distributed based on need.

State Ownership

Refers to the government control or ownership of businesses or assets.

  • Understand the defining characteristics of different economic systems.
verifed

Verified Answer

JT
Jackeline TejadaNov 23, 2024
Final Answer:
Get Full Answer