Several Years Ago,the Nation of Florentina Had a Government-Owned Telecommunication

Multiple Choice

Several years ago,the nation of Florentina had a government-owned telecommunication system that lagged far behind other nations.In several of its rural areas,there was only one phone for an entire village of people.Government taxes collected for the purpose of maintaining the telephone system were very meager,so the notion of expanding service was almost impossible.The government of Florentina decided to sell the phone company to a private firm.The private firm expanded rapidly.It reported that even poor consumers were willing to pay for a private phone line.This government decision and subsequent sale was:

A) A move toward nationalism.
B) A move toward communism.
C) A move toward socialism.
D) A move toward capitalism.
E) In order to generate business growth,countries that were predominantly under a socialist system have trended toward capitalism,while countries who were predominantly capitalistic have added social and government sponsored programs.