The concept state capitalism refers to a system in which ________
a. the government owns and operates most economic enterprises.
b. privately-owned companies cooperate closely with the government.
c. the government owns but does not operate most economic enterprises.
d. large businesses control the government.
Question 2
Which of the following nations is a high-income country where almost half of economic production is state-controlled and there is an extensive range of social welfare programs?
a. China
b. Sweden.
c. Cuba
d. The United States