Author Question: A form of capitalism that accepts the general principal of free-market economics but allows ... (Read 145 times)

gonzo233

  • Hero Member
  • *****
  • Posts: 557
A form of capitalism that accepts the general principal of free-market economics but allows significant government involvement in the economy in order to protect domestic economic interests is known as
 
  a. state led capitalism.
  b. Asian Economic Model.
  c. socialism.
  d. mercantilism.
  e. mixed economy.

Question 2

State capitalism is a system in which
 
  a. the government has a substantial role in the regulation of the economy and the establishment of social welfare programs.
  b. a small number of economically and politically powerful individuals primarily benefit.
  c. there is minimal government involvement in regulation of the economy and little social welfare spending.
  d. the government intervenes in the economy to guide economic activities in an effort to foster economic growth.
  e. the government owns certain individual enterprises, which are typically in lucrative industries such as energy.



xoxo123

  • Sr. Member
  • ****
  • Posts: 335
Answer to Question 1

D

Answer to Question 2

E



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

For a complete list of videos, visit our video library