Read each characteristic, and determine whether it refers to communism, capitalism, or socialism. A political-economic system that generally includes an authoritarian government: An economy that depends on strong entrepreneurship and capital investment by individuals: A centrally planned economy: A system where prices and wages are set by supply and demand:

1. Communism

2. Capitalism

3. Socialism

4. Capitalism

Explanation:

Given the definitions, the correct answers are the following:

1. A political-economic system that generally includes an authoritarian government: COMMUNISM

2. An economy that depends on strong entrepreneurship and capital investment by individuals: CAPITALISM

3. A centrally planned economy: SOCIALISM

4. A system where prices and wages are set by supply and demand: CAPITALISM.