What Is the Term for a Political Philosophy That Supports

question 4

Multiple Choice

What is the term for a political philosophy that supports state ownership and distribution of economic resources?

• A) Liberalism
• B) Socialism
• C) Economic rationalism
• D) Conservatism

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Definitions:

Actual Impact

The real effect or consequence that an event, decision, or action has had.

Management Accountants

Professionals who specialize in providing financial data and analysis to managers within organizations, aiding in decision-making processes.

Financial Data

Information relating to the financial operations of a company, including income, expenses, and investment performance.

Alternative Courses of Action

Different strategies or plans that could be pursued to achieve a goal or solve a problem.