Parastatals are commonly associated with which political economic systems?

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Parastatals are typically associated with state-led or interventionist economic systems, such as social democracy. Mercantilism may also involve state intervention in the economy, while anarchism and communism are more likely to favor decentralization and non-governmental control of industry. Liberalism generally favors a more laissez-faire approach to the economy, with minimal state intervention.

Parastatals Are Commonly Associated with Which Political Economic Systems