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What and how much will be produced?How will it be produced?For whom will it be produced?A socialist system is a form of command economy in which prices and production are set by the state.

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The Government.

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Q: What determines the production and distribution of goods in a communist system?
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Endocrine system


What is the Term That descibes System In Which Publc Owns The Means Of Production?

The Communist system.


What kind of map shows you where communist governments are located in the world?

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In a communist system (small 'c'), the government does not allocate any output. In a Communist system (big 'c'), the government, historically, has taken direct control of firms, mandated their production levels (or quotas), given them all the inputs considered necessary in production (from other quotas), and then takes a portion of their output for redistribution.


Which of the foln which type of economic system does the government control the means of production and distribution?

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