QUESTION IMAGE
Question
select the correct answer.
which of these situations is an example of state capitalism?
a. a state that adopts capitalism as its economic system
b. the government controls the activities of the private sector
c. private ownership is not permissible, but people can individually pursue profit
d. the government acts as a capitalist by owning and operating important sectors of the economy
To determine the example of state capitalism, we analyze each option:
- Option A: A state adopting capitalism is not state capitalism (state capitalism involves government acting as capitalist).
- Option B: Government controlling private sector activities is more like a command economy or socialism, not state capitalism.
- Option C: Private ownership not permitted contradicts state capitalism (private ownership can exist, but government has major economic role).
- Option D: State capitalism is when the government owns/operates key economic sectors while acting as a capitalist (seeking profit, managing assets). So D fits.
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D. the government acts as a capitalist by owning and operating important sectors of the economy