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The economic system of the South American nation of Raewyn calls for public ownership of all businesses. The government has complete control over the market,
The economic system of the South American nation of Raewyn calls for public ownership of all businesses. The government has complete control over the market, and individuals do not have individual rights or the freedom to make choices. What economic system is followed by Raewyn in this scenario? a. Socialism b. Distributism c. Capitalism d. Communism
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