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MJ Civics: Economic systems Flashcards | StudBud
MJ Civics: Economic systems
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What is a key characteristic of a socialist economic system?
A
Citizens have no access to social services such as healthcare & education.
B
Competition among businesses is what drives economic decisions.
C
Private individuals have complete control over the means of production.
D
The government plays a large role in regulating and owning industries.
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