Question

In which kind of economic system does the government control the businesses that affect most citizens, such as railroads and electrical power?
A.
free-market

B.
populist

C.
socialist

D.
unionist

Answer 1

It would be primarily in a "socialist" economic system that the government controls the businesses that affect most citizens, such as railroads and electrical power, since wealth in this system is largely "redistributed" through the federal system.