An economic system that encourages even distribution of wealth in the society is

An economic system that encourages even distribution of wealth in the society is
  • A.
    liberalism
  • B.
    socialism
  • C.
    mercantilism
  • D.
    capitalism
Correct Answer: Option B
Explanation

socialism an economic system that encourages even distribution of wealth in the society.
Socialism is the system of government in which there is a public ownership of production and the establishment of a society in which every person is equal.

You May Also Like