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In a Country,the State Owns All Major Productive Resources from Electricity

Question 3

Multiple Choice

In a country,the state owns all major productive resources from electricity to transportation.The country has very few opportunities for entrepreneurship and the economic classes are absent.The economy of this country is characterized by which of the following economic systems?


A) anarchism
B) communism
C) capitalism
D) socialism
E) mixed

Correct Answer:

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