A. liberalism
B. socialism
C. mercantilism
D. capitalism
Correct Answer:
Option B – socialism
Explanation
socialism an economic system that encourages even distribution of wealth in society.
Socialism is the system of government in which there is public ownership of production and the establishment of a society in which every person is equal.
Categories of People an Offer Can Be Made To and Classifications of Contracts
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Factors Determining Span of Control in Organizations
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The Importance and Elements of Delegation in Organizations
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Recruitment, Selection, and Training Procedures in Organizations
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Short Notes on Key Management Theories
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