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What is best described by this statement:
"While private individuals technically own the factors of production, it is the government that oversees (through planners) the allocation of resources and makes economic decisions"?

A: communism

B: capitalism

C: traditional economy

D: socialism

Sagot :

debnathtirtha391

Answer:

B.Capitalism

Explanation:

In terms of private individuals, everything is in option B,

Zer0Grey

Answer:

Socialism

Explanation: Study guide says so?

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