In Sweden, businesses are free to sell any legal product they want in any manner they desire as long as it does not violate any laws or ordinances. The nation has a very liberal welfare policy with most citizens, even at an early age, receiving monthly pension checks from the government. What type of economic system is employed in Sweden?
A. Sweden has a command economy.
B. Sweden has a socialist economic system as demonstrated by its pension program.
C. Sweden has a free market capitalistic economy.
D. Sweden has a mixed economy similar to the United States.
Answer: C
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