Which statement is the most accurate?A) Ordering a pencil for work in a communist economy usually is less complicated than the same process in a capitalist economy.B) Rules and regulations bind Communist bureaucrats because there is no trust that a bureaucrat can make simple business decisions.C) Because of underlying trust,business flows smoothly in virtually all communist societies.D) Ordering a pencil for work is equally complicated in a capitalist and a communist business.

Question

Zybrea Knight · Accepted Answer

Final Answer : B, Explanation :  In a communist economy, the government controls all aspects of economic production and distribution, which often results in a bureaucratic system with many rules and regulations. This is because there is a lack of trust in individual decision-making outside of the centralized plan, leading to a complex system of approvals for even simple business decisions.

Definitions

Learning Objectives

Learning Objectives

Related questions