Podcast
Questions and Answers
Strict _______________ can drive up production costs and prices, making it unprofitable for private individuals to operate businesses.
Strict _______________ can drive up production costs and prices, making it unprofitable for private individuals to operate businesses.
regulations
_______________ or subsidies may occur when businesses become too regulated, costing the nation's people even more.
_______________ or subsidies may occur when businesses become too regulated, costing the nation's people even more.
Nationalization
Sweden offers extensive benefits like paid leave, paid vacations, unemployment benefits, free education, and _______________.
Sweden offers extensive benefits like paid leave, paid vacations, unemployment benefits, free education, and _______________.
healthcare
Canada's healthcare system, adopted to provide _______________ access, faces challenges like understaffed hospitals and capped doctor incomes.
Canada's healthcare system, adopted to provide _______________ access, faces challenges like understaffed hospitals and capped doctor incomes.
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The United States has also experienced the dangers of creeping socialism, eroding personal _______________ and increasing dependence on the government.
The United States has also experienced the dangers of creeping socialism, eroding personal _______________ and increasing dependence on the government.
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Socialism is an economic system based on collective ownership and control of national ______.
Socialism is an economic system based on collective ownership and control of national ______.
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Between Communism and free enterprise lies various socialistic economic systems like ______ capitalism.
Between Communism and free enterprise lies various socialistic economic systems like ______ capitalism.
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Socialists achieve their goals gradually through ______ rather than revolution.
Socialists achieve their goals gradually through ______ rather than revolution.
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Governments raise ______, print money, or borrow funds to support welfare programs.
Governments raise ______, print money, or borrow funds to support welfare programs.
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Increased government involvement in the economy leads to more ______ on industries and businesses.
Increased government involvement in the economy leads to more ______ on industries and businesses.
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