In this economic system the state neither heavily regulates the economy nor creates large social welfare systems. Rather, it participates in the economy alongside private businesses through full or partial ownership of large individual companies
a. Social Market Economy
b. Asian Economic Model
c. Socialism
d. Mercantilism
e. State capitalism
E
Political Science
You might also like to view...
In general, how do the political attitudes of Americans tend to differ by income?
What will be an ideal response?
Political Science
What kind of public policy involves the legislative enactment of taxes and expenditures?
a. budgetary choice b. regulation c. court decision d. congressional statute
Political Science