United Narva is a nation in which industries like steel,communications,electricity,railways,education,and health care are owned by the government.The leaders of the nation believe that it is detrimental to the public's interest to allow such core industries to be owned by private firms.However,private ownership is encouraged in industries like restaurants,entertainment,and retail shops,which have a lower impact on social welfare.Which of the following economic systems has United Narva adopted?

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United Narva has adopted a socialist economic system, as the government controls and owns the core industries that they believe are crucial for the public welfare. However, they allow for private ownership in industries that have a lower impact on social welfare, such as restaurants and retail shops. This is consistent with the principles of socialism, which advocate for public ownership of certain key industries for the benefit of society.

United Narva Is a Nation in Which Industries Like Steel,communications,electricity,railways,education,and