People in the West tend to associate which of the following with a free market system,strong property rights protection,and economic progress?
A)anarchist state
B)representative democracy
C)planned economy
D)communist state
E)command economy

Question

Quizplus · Accepted Answer

Representative democracy is often associated with a free market system, as it allows for a level playing field in which individuals and businesses can compete. Strong property rights protection is also a hallmark of most representative democracies, as property rights are seen as one of the key underpinnings of economic progress. In contrast, planned economies, communist states, and command economies are typically associated with centralized control of the economy, which is seen as limiting economic progress and innovation. An anarchist state, by definition, lacks any central authority to enforce property rights or regulate economic activity, and so is unlikely to be associated with a free market system or economic progress.

People in the West Tend to Associate Which of the Following