Governments that coordinate private sector investments, encourage individuals to save, and give preferential treatment to certain industries regarded as essential for national economic development follow the approach of ________

A. laissez faire
B. state-led development
C. free market economy
D. command economy
E. economic liberalism

B

Political Science

You might also like to view...

Spoken communication that wrongly damages an individual is known in law as ____________________

Fill in the blank(s) with correct word

Political Science

The winner-take-all system is also known as the ________ system.

A. democratic B. plurality C. proportional D. majority E. minority

Political Science