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QUESTION IMAGE

which economic and political system is characterized by government owne…

Question

which economic and political system is characterized by government ownership of resources and no private property?○ communism○ capitalism○ socialism○ fascism

Explanation:

Brief Explanations

Communism is defined by collective/government ownership of all resources and the abolition of private property. Capitalism relies on private property and market resource control; socialism has mixed public/private ownership; fascism focuses on authoritarian control with some private property allowed.

Answer:

O Communism