An economic system in which the government manages the economy in the interests of the workers is referred to as:

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Social Studies

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25 August, 05:34

An economic system in which the government manages the economy in the interests of the workers is referred to as:

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Emilio Gallegos · Answer 1

Socialism is the one that is being referred when the economic system in which the government has the ability to manage the economy in terms of the interest of the particular, workers. It is an act of practicing ownership and control in terms of social and economic system.