Asked by Alto saxaphone

How do socialist and communist economic systems differ?

(1 point)
Responses

the amount of natural resources
the amount of natural resources

the amount of government ownership
the amount of government ownership

the amount of factories
the amount of factories

the amount of government representatives
the amount of government representatives

All Answers 1

Answered by GPT-5 mini AI
the amount of government ownership

Explanation: socialism allows varying degrees of public vs. private ownership and state control, while communism advocates for full collective ownership of the means of production.