Multiple Choice
Which of the following is a difference between a socialist economic system and a communist economic system?
A) A socialist economic system has lower taxes, whereas a communist economic system has higher taxes.
B) A socialist economic system mandates that the government run and own virtually all enterprises, whereas a communist economic system mandates that the government run key enterprises that affect public welfare.
C) A socialist economic system is politically totalitarian, whereas a communist economic system is not.
D) A socialist economic system mandates that the government run key enterprises that affect public welfare, whereas a communist economic system mandates that the government run and own virtually all enterprises.
Correct Answer:

Verified
Correct Answer:
Verified
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