_____ is an economic system that combines private ownership of property, market competition, and a government's regulation of many programs and services.

Question

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Welfare capitalism is an economic system that combines private ownership of property and market competition with a government's regulation of programs and services that aim to promote social welfare and reduce economic inequality. In welfare capitalism, the government plays an active role in regulating the economy, providing social welfare programs such as healthcare, education, and housing, and ensuring that basic needs are met for all citizens. This economic system is often associated with developed countries in Europe and North America, which have mixed economies that combine elements of both capitalism and socialism.
Crony capitalism, on the other hand, is an economic system where businesses and the government work together to create and enforce laws and regulations that benefit specific companies or individuals, often at the expense of the general public.
Mercantilism is an economic system that advocates for government intervention in the economy to promote national trade and accumulation of wealth. It was commonly practiced in Europe during the 16th to 18th centuries.
Totalitarianism is a political system where the government has complete control over all aspects of society and individuals have no freedom of thought or action.
Corporate capitalism is an economic system where corporations have significant control over the economy and government policies, often resulting in an unequal distribution of wealth and power.

_____ Is an Economic System That Combines Private Ownership of Property