The economic system which is controlled and regulated by the government so as to ensure welfare and equal opportunity for people of the society is known as ________
A. Capitalist system
B. Democratic system
C. Socialist system
D. Mixed economy
Answer:C
The economic system which is controlled and regulated by the government so as to ensure welfare and equal opportunity for people of the society is known as ________
A. Capitalist system B. Democratic system C. Socialist system D. Mixed economy