What is democratic socialism?
A) A command economy where the democratically elected government owns all means of production.
B) Political freedom and a mixed economy with a balance of capitalism and some government control and regulation.
C) In this system, the actor (an individual or a company) who takes risks and is successful gets to keep all profits, not the government. This relative freedom leads to significant innovation in the economy without government interference.
D) A single class system, or communism
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Q9: If a government is very hands off
Q10: Examples of this type of economy include
Q11: While the U.S. has this type of
Q12: Collaboration and cooperation are seen more in
Q13: These settings provide the best incentives for
Q15: Social democracies are often called
A) controlled capitalist
Q16: This is the economic, cultural, and social
Q17: What is free trade?
A) When nations trade
Q18: The most common complaint about globalization is
Q19: What realization started the US process of
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