An Economic System Where the Government Owns and Operates the Major

question 11

Multiple Choice

An economic system where the government owns and operates the major industries is referred to as:

• A) Socialism
• B) Regulated Capitalism
• C) Communism
• D) Mixed market economy

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Definitions:

Working Conditions

The environment in which employees operate, which includes physical setup, hours, safety measures, and any other job-related conditions.

Job Dissatisfaction

A negative emotional state resulting from the appraisal of one’s job as frustrating, unsatisfying, or in some way not up to an individual's expectations.

Acquired Needs Theory

A motivational theory suggesting that people's needs are shaped over time by their life experiences, influencing their behavior and performance.

Need For Achievement

The desire to do something better, to solve problems, or to master complex tasks.