The two ends of the continuum of economic systems are Communism and Pure Competition.
What is an economic continuum?
Economic Continuum is defined as a range with no clear divisions. On one end of the economic continuum is centrally planned governments and on the other end is the free market.
What are economic systems?
The two major economic systems in modern societies are capitalism and socialism.
What is Pure Competition?
Capitalism or Pure Competition is an economic system in which the trade and industry of the economy is owned and controlled by private individuals, to make profit.
What is Communism?
Communism or Socialism refers to social system in which country's trade and industry are controlled by the community and the share of each individual relies on his ability and needs.
In practice, no one society is purely capitalist or socialist, so it is helpful to think of capitalism and socialism as lying on opposite ends of a continuum.
So the answer is B.
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