Oligarchic capitalism is a system
a. that accepts the general principle of free market economics but allows significant government involvement in the economy in order to protect domestic economic interests.
b. in which there is minimal government involvement in regulation of the economy, and little social welfare spending.
c. that involves a substantial role for government in the regulation of the economy, and the establishment of social welfare programs.
d. of state-led development measures and authoritarian political practices.
e. that benefits a small number of economically and politically powerful individuals.
E
You might also like to view...
Why are changes in policy direction in the United States usually slow and incremental?
a. political gridlock b. our government structure, with its checks and balances c. the country's emphasis on individual rights d. the infrequency of elections
The North Atlantic Free Trade Agreement is a supranational organization
Indicate whether this statement is true or false