Question

The economics of Country A support the rights of property and liberty for each person and allow each citizen to improve life circumstances by his or her own effort. Health care can be purchased or given freely in Country A, but there is no entitlement program to ensure basic health care to vulnerable people. This type of economic structure best describes which of the following?a. Marxismb. Communitarianismc. Democracyd. Libertarianism

Answer 1

Option D: Libertarian-ism

Step-by-step explanation:

Libertarian-ism is defined as the collection of political philosophies according to which liberty is the core principle. It emphasize upon freedom of choice, association and seek to abolish private ownership in favor of cooperative management. The concept was first originated in 1789 by William Belsham which later spread to other parts of the world such as in France. In United States the concept was popularized in 1955 by Dean Russell as liberalism which advocated about civil liberties, free market capitalism and modern welfare state.