The economic system most closely associated with communism is?

• A. Traditional Economy
• B. Market Economy
• C. Command Economy
• D. Mixed Economy

Answer: (C)

Communism is defined by centralized planning and state ownership of the means of production, where decisions about what to produce, how to produce, and how goods are distributed are made by the government. This fits a command economy, in which the government sets production quotas, allocates resources, and often determines prices. Traditional economies rely on customs and done-by-hand methods, and market economies rely on private individuals and businesses driven by supply and demand. Mixed economies combine elements of both market forces and government intervention, but neither emphasizes centralized planning and public ownership as the defining feature. So the system most closely associated with communism is the one where the state directs economic activity through central planning.