Which of the following describes socialism as practiced today in Sweden?

A. Firms are largely free to make their own production, distribution, and pricing decisions, and individuals depend largely on themselves for economic security.
B. The government does not attempt to manage the overall economy but owns a number of major industries and provides for people's basic economic needs.
C. The economy operates almost exclusively on private transactions.
D. The government manages the overall economy through ownership of most major industries, and it does not allow private property.
E. The government does little to manage the economy and owns no major industries, serving mainly to provide for people's basic economic needs.


Answer: B

Political Science

You might also like to view...

Explain the concept of "agenda setting." How do we know that agenda setting has real effects on the American public? How else do the media affect public opinion and policymaking?

What will be an ideal response?

Political Science

Which of the following statements about women in political office is accurate?

A. The percentage of women holding public office has steadily increased since the 1970s. B. The percentage of women holding public office has steadily decreased since the 1970s. C. The percentage of women holding public office has not changed since the 1970s. D. The percentage of women holding public office has fluctuated wildly since the 1970s.

Political Science

An election that clearly expresses a lack of confidence in those who have been in charge is

A) a landslide for the out-party election. B) a reaffirmation-of-support election C) a maintaining election. D) a retrospective election. E) an example of presidential coattails.

Political Science

Countries that place safety restrictions on what can be imported are engaging in a form of a(n)

A) hegemony. B) liquidity crisis. C) metropole. D) nontariff barrier. E) resource curse.

Political Science