which of the following best describes what is meant by "neoliberalism"? A. Economic theory that advocates deregulation, lower taxes, reduced government spending and privatization of services once provided for by the goverment B. Economic theory that does not advocate government ownership of industries, but does advocate welfare benefits for the poor  C.Economic theory combining the New Deal theories of the 1930s with the Civil Rights goals of the 1960s D. Economic theory similar to socialism, advocating government ownership of some industries

Macroeconomics: Private and Public Choice (MindTap Course List)
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Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
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Chapter17: Institutions, Policies, And Cross-country Differences In Income And Growth
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which of the following best describes what is meant by "neoliberalism"?

A. Economic theory that advocates deregulation, lower taxes, reduced government spending and privatization of services once provided for by the goverment

B. Economic theory that does not advocate government ownership of industries, but does advocate welfare benefits for the poor

 C.Economic theory combining the New Deal theories of the 1930s with the Civil Rights goals of the 1960s
D. Economic theory similar to socialism, advocating government ownership of some industries

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