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Author Question: Which type of economic system has government working closely with large, privately owned companies? ... (Read 49 times)

futuristic

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on: Jul 2, 2018
Which type of economic system has government working closely with large, privately owned companies?
 
  a. state socialism
  b. state capitalism
  c. social welfare
  d. state welfare

Question 2

Which of the following statements about socialism is correct?
 
  a. In practice, socialist nations have less economic inequality than capitalist nations.
 
  b. Compared to capitalist nations, socialist systems have a relatively high overall standard of living.
  c. Compared to capitalist nations, socialist societies provide more individual liberty and freedom.
  d. Socialist systems are purely theoretical and have never been put into practice.


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macagnavarro

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Reply #1 on: Jul 2, 2018
Answer to Question 1

(Answer: b)

Answer to Question 2

(Answer: a)


futuristic

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Reply 2 on: Jul 2, 2018
Thanks for the timely response, appreciate it

amit

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Reply 3 on: Yesterday
Excellent

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