Question

Many European countries follow the theory of ______, which is a hybrid system combining a capitalist economy and a government that supports equality. a. social capitalism b. Marxism c. Italian fascism d. social democracy e. Jeffersonian democracy

Answer 1

Social democracy is a hybrid economic system combining capitalism and government support for equality.correct answer is D. social democracy.

Step-by-step explanation:

The correct answer is d. social democracy.

Social democracy is a hybrid economic system that combines elements of capitalism and government intervention to promote equality. In social democracy, the government plays a role in ensuring social and economic justice through policies such as progressive taxation, social welfare programs, and labor protections.

For example, many European countries, such as Norway, Sweden, and Denmark, have social democratic systems. These countries have a market-based economy where private businesses exist, but the government provides extensive social benefits and supports income redistribution to reduce inequality.

Learn more about Social democracy