Question

The government owns the factories and decides what and how much each factory will produce.
Communism or Capitalism

Answer 1

The situation you described aligns with **Communism**. In a communist system, the government typically owns the means of production, including factories, and makes decisions about what and how much will be produced, often with the goal of promoting equality and eliminating class distinctions. In contrast, capitalism is characterized by private ownership of the means of production, where decisions about production are made by individuals or businesses based on market demand.