Question

how does a command economic system impact personal financial choice?○ it has no effect on personal financial choice.○ it limits personal financial freedom.○ it varies depending on the individuals income.○ it enhances personal financial freedom.question 18 0.16 ptswhich economic ideology aims for a classless society where all property is publicly owned?○ fascism○ communism○ socialism○ capitalism

Explanation:

For the first question: A command economic system is controlled by a central authority, which dictates production, prices, and resource allocation. This leaves little room for individuals to make independent financial decisions like choosing careers, spending freely, or investing as they wish.
For Question 18: Communism is defined as an ideology that seeks a classless society where all property and resources are publicly owned, with no private ownership of means of production. Fascism focuses on authoritarian nationalism, socialism has public ownership of key industries but may allow some private property, and capitalism centers on private ownership and free markets.

Answer:

1. It limits personal financial freedom.
2. Communism