In a ______ System, the Government Owns All of the Nation's

question 152

Multiple Choice

In a ______ system, the government owns all of the nation's major industries but still allows private ownership in less crucial areas.

• A) communism
• B) socialism
• C) capitalism
• D) mixed economy

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Definitions:

Equally Desirable

A situation or choice where all available options are perceived to have the same value or appeal.

Individualist Cultures

Societies where personal achievements and independence are emphasized over group goals.

Collectivist Cultures

Refers to societies that prioritize the group over individual interests, emphasizing family ties, social cohesion, and interdependence.

Experience Dissonance

A psychological phenomenon where there is a conflict between one's beliefs and behaviors, often causing discomfort that leads to an attempt to reduce the inconsistency.