In socialist economies,the government owns some,if not most basic businesses such as telecommunications systems and utilities.
Level of Learning 1: Knowledge of key terms

Name: In socialist economies,the government owns some,if not most basic businesses such as telecommunications systems and utilities. Level of Learning 1: Knowledge of key terms
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This statement is true - in socialist economies, the government typically owns and controls key industries such as telecommunications and utilities.

In Socialist Economies,the Government Owns Some,if Not Most Basic Businesses