In terms of economic trends, the complete opposite to communism is:Group of answer choicesa command economyScratchsocialismScratchrevolutionary enterpriseScratchcapitalismScratchpublic enterpriseScratch

Command economies are often described as socialist or communist systemsTrueFalse

With a communist economy system:Group of answer choicesthere is complete freedom of tradeScratchconsumers can expect a mixed economic reactionScratchthere are strong incentives for workersScratchbasic industries such as railroads and utilities are owned by government, while other industries are owned by the private sectorScratchnone of the above is true

Comparison between a socialist economy and a communist economy

Which of the following is true of communist economies?Multiple Choiceproduce a huge gap between rich and poorhave a high standard of livingseldom face shortages in consumer goodsappear to be efficient and equitable on paper

Identify the four types of economies:Group of answer choicesMarketTotal CommunistMixedTraditionalCommandPredictableFree-enterprise