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In which economic system does the government own all means of production? A.) Traditional B.) Command C.) Market D.) Mixed
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Could really use some help. Thanks!
Welcome to Openstudy :) Socialism. The features of socialism are the opposite of those just listed for capitalism and were spelled out most famously by Karl Marx. SocialismAn economic system in which the means of production are collectively owned, usually by the government.
That's not a choice. :/ I know it's not D.
I know this is not an choice i posted this so it can help you
oh i'm sorry. Thanks!
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