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Which of the Following Statements Is True of Crony Capitalism

Question 27

Multiple Choice
Which of the following statements is true of crony capitalism?

Which of the following statements is true of crony capitalism?


A) In this system, there is a close relationship between business people and the public.
B) In this system, the government gives preferential treatment to the common public.
C) In this system, the government taxes wealthy people and large corporations excessively.
D) In this system, the government gives direct payment or loans to wealthy people and large corporations.
E) In this system, the government provides wealthy people and large corporations with grants that require extreme competition in an open market.

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