Asked by Keylee Tripp on May 13, 2024

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Governments that intervene in the economy much more than in the United States but less than the USSR are called:

A) corporate capitalist
B) communist
C) laissez-faire capitalist
D) fascist
E) democratic socialist

Economic Intervene

Actions taken by a government or organization to affect or influence economic outcomes.

USSR

The USSR (Union of Soviet Socialist Republics) was a socialist state in Eurasia that existed from 1922 to 1991, comprising multiple republics including Russia.

Democratic Socialist

A socio-political ideology advocating for democratic means to achieve and maintain a socialist economic system, where there is significant public or collective ownership of the means of production.

  • Ascertain the involvement of governmental bodies in economic matters and the ways they intercede in diverse economic frameworks.
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Verified Answer

PL
Patrick LydonMay 18, 2024
Final Answer :
E
Explanation :
Governments that intervene in the economy more than in a laissez-faire capitalist system but less than in a communist system are usually democratic socialist. They promote social welfare and use government policies to redistribute wealth but still allow some degree of private enterprise.