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28 September, 13:50

The economic system where the government controls almost all economic activity is called:

free enterprise

Communism

liberalism

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  1. 28 September, 13:52
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    Communism is the word your looking for.

    Communism is a economic and/or social system in which all (or nearly all) property and resources are collectively owned by a classless society and not by individual citizens.

    North Korea is an example of communism.
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