If the government's role in the economy contracts, the economy shifts toward less government involvement, known as?

• A. Shift left
• B. Privately owned
• C. Shift right
• D. Public good

Answer: (C)

When the government reduces its role in the economy, the economy moves toward a market-oriented approach. This trend is described as shifting to the right on the political spectrum, where policies favor private enterprise, deregulation, and less state intervention. In contrast, shifting left would mean more government involvement, not less. Ownership type or who owns assets (private vs. public) describes who controls resources, not the overall direction of government involvement. A public good is a type of good that is typically provided by the government, not a description of the direction of economic policy. So the best answer is shifting to the right.