Which of the following is correct in describing the communist economic system? Select one: a. Overall production expands rapidly because of central planning b. The centralizeo planning emphasis on capital equipment and military hardware has caused declines in the prices of consumer goods. c. Government ownership of the means of production is only temporary. d. The government owns and operates all sources of production. e. Most government -operated enterprises are very efficien because of central planning.

## Step 1: Defining Communism<br />### Communism is characterized by government ownership and control of the means of production (factories, land, resources, etc.). Central planning, rather than market forces, dictates production and distribution.<br />## Step 2: Analyzing Options<br />### Option (a) is generally incorrect. While central planning aims for rapid expansion, it often leads to inefficiencies and shortages. Option (b) is partially true; emphasis on capital goods can lead to consumer good shortages, but not necessarily price declines. Option (c) is false; government ownership is a defining feature of communism, not temporary. Option (d) is correct, aligning with the core definition of communism. Option (e) is generally false; central planning often leads to inefficiencies rather than efficiency.<br /><br />#