______________ refers to an economic and political system that combines private ownership of some of the means of production,governmental distribution of some essential goods and services,and free elections.

Question

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Democratic socialism refers to a system that combines private ownership of some of the means of production with government intervention to provide essential goods and services. The key difference between democratic socialism and traditional socialism is that in democratic socialism, free and fair elections are held to elect representatives that make decisions regarding the distribution of wealth and resources. This creates a balance between individual freedom and collective responsibility, allowing for a more equitable distribution of resources while still encouraging innovation and entrepreneurship.

______________ Refers to an Economic and Political System That Combines