Asked by Keylee Tripp on May 13, 2024
Verified
Governments that intervene in the economy much more than in the United States but less than the USSR are called:
A) corporate capitalist
B) communist
C) laissez-faire capitalist
D) fascist
E) democratic socialist
Economic Intervene
Actions taken by a government or organization to affect or influence economic outcomes.
USSR
The USSR (Union of Soviet Socialist Republics) was a socialist state in Eurasia that existed from 1922 to 1991, comprising multiple republics including Russia.
Democratic Socialist
A socio-political ideology advocating for democratic means to achieve and maintain a socialist economic system, where there is significant public or collective ownership of the means of production.
- Ascertain the involvement of governmental bodies in economic matters and the ways they intercede in diverse economic frameworks.
Verified Answer
Learning Objectives
- Ascertain the involvement of governmental bodies in economic matters and the ways they intercede in diverse economic frameworks.
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