Explore Westonci.ca, the premier Q&A site that helps you find precise answers to your questions, no matter the topic. Join our platform to connect with experts ready to provide precise answers to your questions in various areas. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

The economic system in which the government owns and operates basic industries but individuals own most businesses is _____.

Sagot :

Answer:

Socialism

Explanation:

Socialism is an economic system in which the basic industries are owned by the government or by the private sector under strong government control.