State capitalism is a system in which
a. the government has a substantial role in the regulation of the economy and the establishment of social welfare programs.
b. a small number of economically and politically powerful individuals primarily benefit.
c. there is minimal government involvement in regulation of the economy and little social welfare spending.
d. the government intervenes in the economy to guide economic activities in an effort to foster economic growth.
e. the government owns certain individual enterprises, which are typically in lucrative industries such as energy.
E
You might also like to view...
Congress used its spending authority to coerce the states to increase the drinking age to twenty-one
Indicate whether this statement is true or false.
The "iron Texas star" includes all but which one of the following?
a. Clientele interest groups b. Administrative agencies c. The general public d. Legislators e. The governor