Which of the Following Would Be Considered an Economic Democratic

question 38

Multiple Choice

Which of the following would be considered an economic democratic correlate?

• A)National wealth
• B)An elite ruling class
• C)A command economy
• D)Social pluralism
• E)All of the above

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Definitions:

Purchasing Savings

Cost reductions achieved by negotiating lower prices or finding more efficient procurement methods.

Vertical Integration

A strategy where a company expands its operations into different stages of production, often including the supply chain, to control costs and improve efficiency.