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In its form this system says government as a representative of the people should own and operate all businesses and control all of a country's wealth?
Wiki User
∙ 15y ago
socialism
Wiki User
∙ 15y ago
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How government can control normal monopoly?
A government can restrain monopoly power by imposing restrictions such as price-capping, making sure that competing businesses are supported and encouraging new businesses.
What is the difference between a mercantile system and a free enterprise system?
Capitalism allows businesses to operate without regulation, while mercantilism is based on strict government control over economies. [APEX]
How did government try to control big businesses?
the sherman antitrust act (1890) was supposed to stop businesses from using trust to destroy competition.
What terms means the reduction of government control over business and other activities?
Deregulation of business refers to a reduction of government. With more control over, government has less involvement in businesses, which is why it is considered to be a smaller government.
In which type of system are all businesses under government control and people have no freedom of choice?
The first one is your answer
In which type of dictatorship does a small group of individuals excersise complete control over a countrys government?
An oligarchy
In which type of dictatorship does a small group of individuals exercise complete control over a countrys government?
An oligarchy
Who implemented total government control over businesses?
Vladimir Lenin nationalized large businesses.
How did the government gain control over powerful businesses?
myvyg
Is Representative Democracy a Authoritarian government?
ofcourse not...representative government and authoritarian government are totally opposites, while everyone as equal rights and say in governmenyt in a representative government, only the ruler or leader has complete control over everyone in an authoritarian government.
Why is democratic government theoretically best?
A democratic government is theoretically the best because it allows the people to be in control. People vote for who they want to represent them. Businesses are able to control their own businesses to make money and improve their lives as well.
Does German government control its businesses?
The German government controls rules and regulations that have an effect on businesses in Germany. For the most part, Germany has a thriving private sector that is affected by government regulations as with any country.
How government can control normal monopoly?
A government can restrain monopoly power by imposing restrictions such as price-capping, making sure that competing businesses are supported and encouraging new businesses.
System in which people run businesses with limited government control in America?
Spell check
How does a republican form of government fit within a democracy?
A republic means that the people retain control of the government (ie: no monarch). Democracy fits in when choosing the representative to the government. The U.S. is a representative republic whose representatives are elected democratically.
Is mixed economy under private control?
In a mixed economy some of the businesses are under private control and some of the businesses are run by the government. There is still a free economy if there is a mixed economy.
What is the difference between a mercantile system and a free enterprise system?
Capitalism allows businesses to operate without regulation, while mercantilism is based on strict government control over economies. [APEX]
