Under a communist system,A) consumer decisions are not influenced by prices.B) resources are owned and controlled by the government.C) individual freedom is maximized.D) the market guides resources,but the state dictates what should be produceD.

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Dillon Arcangel · Accepted Answer

Final Answer : B, Explanation :  Under a communist system, resources are owned and controlled by the government, which is a key characteristic of this economic system. Other important features of communism include a focus on collective ownership, a lack of individual property rights, and centralized decision-making. Consumer decisions are typically influenced by factors other than prices, such as government propaganda or social pressure. Individual freedom is often limited in a communist system, as the state seeks to prioritize the collective good over individual interests. The market is typically not the primary driver of economic activity in a communist system, as the state plays a significant role in directing investment and production decisions.

Under a communist system,

A) consumer decisions are not influenced by prices.
B) resources are owned and controlled by the government.
C) individual freedom is maximized.
D) the market guides resources,but the state dictates what should be produceD.

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