Question

(p. 41) Gig's native country of Frinezia was much different from the United States. In addition to its much higher tax rates, the government offered much more extensive social programs that were designed to redistribute income and reduce inequality. Although small businesses were privately owned and operated in Frinezia, many basic industries were owned and operated by the government. Frinezia's economic system appears to be best classified as:
A. capitalism.
B. socialism.
C. communism.
D. pluralism.

Answer

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