Which term describes an economic system where the government controls production?

Which term describes an economic system where the government controls production?

• A. Government
• B. Political Office
• C. Candidate
• D. Communism

Answer: (D)

When a government controls production, you’re looking at a system where the state plans and owns the means of making goods and distributing them. That arrangement is communism. In this setup, private ownership is limited or nonexistent, and the government makes major economic decisions about what to produce, how to produce, and for whom. The other options refer to people or roles rather than an economic system, so they don’t fit as descriptions of how production is organized.

When a government controls production, you’re looking at a system where the state plans and owns the means of making goods and distributing them. That arrangement is communism. In this setup, private ownership is limited or nonexistent, and the government makes major economic decisions about what to produce, how to produce, and for whom.

The other options refer to people or roles rather than an economic system, so they don’t fit as descriptions of how production is organized.