In country c, the state controls public utilities and provides taxpayer-supported welfare for citizens is democratic socialist
What Is Neoliberalism?
- Neoliberalism is a policy framework that combines politics and economics.
- It promotes private entrepreneurship and attempts to shift control of economic elements away from the government and toward the private sector.
- Many neoliberal policies aim to improve the efficiency of free market capitalism by lowering government spending, regulation, and public ownership.
- Neoliberalism is frequently associated with the leadership of Margaret Thatcher, the United Kingdom's prime minister from 1979 to 1990 (and leader of the Conservative Party from 1975 to 1990), and Ronald Reagan, the United States' 40th president from 1981 to 1989.
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