Which of the following best describes the idea of corporatism?

Question

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Corporatism refers to a political or economic system in which power is given to civic assemblies that represent economic, industrial, agrarian, social, cultural, and professional groups. These assemblies, often known as corporative chambers, work together with the government to make decisions and policies. This system emphasizes the formal and functional cooperation between the government and major business sectors, aiming to manage economic and social policies through collective bargaining and cooperation, rather than through conflict or class struggle.

Which of the Following Best Describes the Idea of Corporatism