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Questions and Answers
What economic system is commonly associated with Europe?
What economic system is commonly associated with Europe?
- Capitalism (correct)
- Feudalism
- Communism
- Socialism
Which economic system advocates for public ownership of the means of production?
Which economic system advocates for public ownership of the means of production?
- Capitalism (correct)
- Feudalism
- Communism
- Socialism
In a socialist economy, who typically owns the means of production?
In a socialist economy, who typically owns the means of production?
- Private individuals (correct)
- International organizations
- Corporations
- The government
