Multiple Choice
The government of Bakhraan, an Asian country, owns key industries that directly affect public welfare, such as healthcare and telecommunications. To fund public welfare schemes, such as free childcare and free education, the government levies high taxes on its citizens. In the given scenario, the economic system followed by Bakhraan is _____.
A) capitalism
B) socialism
C) communism
D) distributism
Correct Answer:
Verified
Correct Answer:
Verified
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