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    Contemporary Business Study Set 1
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    Exam 3: Economic Challenges Facing Todays Business
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    _____ Is an Economic System in Which the Government Owns
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_____ Is an Economic System in Which the Government Owns

Question 22

Question 22

Multiple Choice

_____ is an economic system in which the government owns all of a nation's major industries but still allows private ownership in less crucial areas.


A) Communism
B) Socialism
C) Capitalism
D) Ethnocentrism

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