Multiple Choice
Melinda lives in a country where individuals may own their own property and the factors of production,however,the government lays very heavy taxes on individuals and businesses and uses the taxes to provide life-long pensions to each citizen in accordance with their economic need.The government also provides almost free medical and dental services and education through college.This kind of economic system could best be described as
A) communist.
B) socialist.
C) mixed.
D) capitalist.
Correct Answer:

Verified
Correct Answer:
Verified
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