Which of the Following Statements Is Correct

question 76

Short Answer

Which of the following statements is correct?
Sweden is the best example of a country with a pure socialist economy.
A GlobeScan poll found that the greatest support for the free market economy was found among the citizens of India.
The United States is a pure capitalist economy.
Many countries in the world have a purely communist economy.
Under socialism, smaller businesses are often privately owned.

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Definitions:

Mine Coal

The process of extracting coal from the earth, which involves the removal of overburden and digging into coal seams.

Extraction Costs

The expenses associated with the removal of resources or raw materials from the earth for use or sale.

User Costs

The expenses incurred by using an asset or service, including maintenance and opportunity costs.

Quantity Extracted

The total amount of a resource or product that is removed from its source.