A government that allows private firms to operate but with significant intervention by the government, which may include controlling ownership of sectors of the economy, is best described as having a ______ economic system.

a. socialist
b. laissez-faire
c. capitalist
d. communist


a. socialist

Political Science

You might also like to view...

Why are middle class/elite values most often represented through organized interest groups?

a. promoting middle class values is non-controversial and more likely to attract members b. middle class values are the values are those to which all Americans aspire c. most group members are professional, college-educated, higher-income persons d. most group members are working-class and blue-collar women

Political Science

The protest movement of debt-ridden farmers facing foreclosures on their homes and farms was known as which of the following?

A. The Boston Tea Party B. The Boston Massacre C. Shays' Rebellion D. Bloody Thursday  E. The Farmers' Rebellion

Political Science

Since the early 1800s, the courts in the United States have acted as “umpires” by defining the acceptable boundaries of intergovernmental relations

Indicate whether the statement is true or false.

Political Science

Greater public participation makes decision making less secret and improves accountability

Indicate whether the statement is true or false.

Political Science