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  • Type of economy were government controls all industry and...
Multiple choice

Type of economy were government controls all industry and production

  1. Feudalism

  2. Capitalism

  3. Communism

  4. Socialism

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Communism is an economic and political system where the state owns and controls all means of production and industry. This is in contrast to capitalism, where private ownership is the norm.

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