_____ is an economic system in which the government owns and operates basic industries postal service, telephone, utilities, transportation, health care, banking, and some manufacturing but individuals own most businesses.

_____ is an economic system in which the government owns and operates basic industries postal service, telephone, utilities, transportation, health care, banking, and some manufacturing but individuals own most businesses.


Communism
Socialism
Capitalism
Free market system
Command economy


Answer: Socialism


Learn More :