An Economic System That Permits Private Ownership and Control of Small

question 81

Short Answer

An economic system that permits private ownership and control of small businesses but where the government controls large critical industries is known as
a mixed economy.
socialism.
communism.
capitalism.
mercantilism.

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Definitions:

Technoscience

refers to a field of study that intertwines science and technology, focusing on their co-evolution and the impact of their intertwining on society.

Decentering

A process of shifting away from a Eurocentric or ethnocentric perspective, recognizing the diversity of viewpoints and experiences.

Antiessentialism

The belief that identities or phenomena are not fixed, inherent, or reducible to some core essence but rather constructed through social, cultural, and historical contexts.

Radical Constructionism

An epistemological viewpoint that suggests knowledge and reality are actively constructed by social or cognitive processes.