What Is the Hypothetical Economic and Political System in Which

question 68

Multiple Choice

What is the hypothetical economic and political system in which all people in society are socially equal?

• A)capitalism
• B)socialism
• C)welfare capitalism
• D)communism

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Definitions:

Conglomerate Mergers

The combination of two or more corporations operating in entirely different industries under one corporate group, usually to diversify business interests and reduce risks.

Illegal Marketing

Practices that violate laws or regulations governing advertising, promotion, and selling of goods or services.

Civil And Criminal Allegations

Legal claims brought in civil or criminal court, with civil allegations involving disputes between individuals or entities and criminal allegations involving violations of laws punishable by the state.

Painkiller

A painkiller is a type of medication used to relieve pain, ranging from mild discomfort to severe pain, and includes over-the-counter options like aspirin and prescription drugs like opioids.