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Q: A economic system is characterized by much government involvement lack of private ownership and elimination of economic classes.?
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Which economic system is characterized by much government involvement lack of private ownership and elimination of economic classes?

planned


What is characterized by more government ownership and central planning?

Socialist economy is characterized by more government ownership and central planning.


What does characterized by more government ownership and central planning mean?

mixed economy


What is socialism characterized by?

Government ownership of most productive resources


Are private ownership limited government involvement and private investing three characteristics of a planned mercantile free market economic system?

market


Is free enterprise characterized by government ownership of capital goods with investments determined by state control?

Free market enterprise is characterized by supply and demand, the government has very little if none intervention in the market. Buyers and sellers have freedom to transact business.


Socialism is characterized by?

A classless stateless society where the resources of the planet belong to everyone and are used to meet human need.


The economic systems of most newly independent African nations have been characterized by?

D:a mixture of government and private ownership. yeah your welcome lazy children


What are the major differences between a pure capitalist system and a pure command system?

The pure capitalism system is characterized by the private ownership of resources.The pure command system is characterized by the public ownership of resources.


The media industry is characterized by an oligopolistic market structure because?

centralization of ownership


Which of the following is characterized by private or corporate ownership of capital goods investments that are determined by private decision rather than by state control and determined in a free m?

Economic system that is characterized by private or corporate ownership, private decision-making regarding capital investments, and limited government intervention is known as capitalism.


Why is the media industry characterized by an oligopolistic market?

Centralization of ownership has led to an industry controlled by a few large companies.Centralization of ownership has led to an industry controlled by a few large companies.Centralization of ownership.