Recently the government of Evensplitia announced that it is standing behind the concept of state-owned utilities and public schools in the nation. Although not all its industries are owned and managed by the government, this would lead one to believe that Evensplitia has a preference for socialism.

Question

Quizplus · Accepted Answer

Socialism is a command economic system where the government owns and operates some of the major industries such as the transportation industry, utilities, telecommunications and broadcasting, and the school system.

Recently the Government of Evensplitia Announced That It Is Standing