Which of the Following Statements Concerning Capitalism and Socialism Is

question 40

Multiple Choice

Which of the following statements concerning capitalism and socialism is false?

• A)Sweden is more of a socialist economy than is Hong Kong.
• B)Government plays a larger role in a capitalist economy.
• C)There is more economic planning in a socialist economy.
• D)The Canadian economy is more socialist than is the US economy.

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Businesses involved in industries that rely heavily on advanced technological developments, often in fields like information technology, biotechnology, and engineering.

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Individuals or entities who allocate capital with the expectation of receiving financial returns.