Question

Mike lives in a country in which the government owns all the property and controls all the natural resources; he likely lives in a:

democracy.

republic.

communist country.

territory.

Answer 1

Communist country I believe.

Answer 2

Answer:

Mike lives in a communist country.

Explanation:

In a communist country, the factors of production are owned by the government, which also controls natural resources and decides how they will be allocated on behalf of the public.

This economic system is against private ownership of factors of production.