In the context of global economy, which of the following has been widely accepted since the late 1980s?
A)Centrally planned command economy
B)Mixed economy
C)Nationalization of private property
D)Deregulation of economies
E)Authoritarian regime

Question

Quizplus · Accepted Answer

Paralleling the spread of democracy since the 1980s has been the transformation from centrally planned command economies to market-based economies. Many states in Asia, Latin America, and western Europe have sold state-owned businesses to private investors (privatization) and deregulated their economies to promote greater competition.

In the Context of Global Economy, Which of the Following