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If the government owns and operates many of the nation's major industries-such as banks, airlines,railroads, and power plants-but allows individuals to own other businesses, including stores, farms,and factories, that nation's economic system is called _______.
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If the government owns and operates many of the nation's major industries-such as banks, airlines, railroads, and power plants-but allows individuals to own other businesses, including stores, farms, and factories, that nation's economic system is called communism.
Expert answered|vonna79|Points 538|
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Asked 10/21/2013 2:39:08 PM
Updated 1/24/2016 11:23:55 AM
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This answer has been confirmed as correct and helpful.
Edited by Andrew. [1/24/2016 11:23:54 AM], Confirmed by Andrew. [1/24/2016 11:23:55 AM]
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