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Which Term Do We Use to Refer to an Economic

question 84

Multiple Choice

Which term do we use to refer to an economic system under which all property is communally owned and no social distinctions are made on the basis of people's ability to produce?


Definitions:

Legal Right

Established principle or regulation recognized and enforced by law that grants or restricts actions and grants entitlements to individuals.

Federal Law

A body of rules and regulations enacted by the federal government of a country to govern the behavior of its citizens and organizations at the national level.

Privileged Communication Laws

Legal statutes that protect certain communications within specific relationships, such as attorney-client, from being disclosed without permission.

HIPAA

The Health Insurance Portability and Accountability Act, a U.S. law designed to provide privacy standards to protect patients' medical records and other health information provided to health plans, doctors, hospitals, and other health care providers.

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