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True or false A mixed economy is one that has government control of some businesses and private ownership of others?
Wiki User
∙ 12y ago
true
Wiki User
∙ 12y ago
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Characteristics of centrally planned economy?
government ownership and control, equality (collective)
True or false a mixed economy is one that has no government control of business?
False. A mixed economy is a mixture of socialism and capitalism. So there is some government control over business, and some private ownership.
What is the US economy based on which is the private ownership of farms and businesses?
Capitalism
Opportunity costs of a greater government role in the economy?
no control for the businesses so they have to pay for higher expectations and limitations.
What is the economy of Malta like?
Mixed economy. Free enterprise mixed with government ownership. Ever since Malta entered the European Union, the economy is moving further away from government ownership and towards privatisation.
What political system calls for government of the economy?
Communism is the political system that called for government control of the economy.
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.
Characteristics of centrally planned economy?
government ownership and control, equality (collective)
True or false a mixed economy is one that has no government control of business?
False. A mixed economy is a mixture of socialism and capitalism. So there is some government control over business, and some private ownership.
Does the US have a communist government or capitalist?
YES. The US is a mixed economy, but is primarily a free-market capitalist economy. Most businesses are owned by private individuals and the government does not control investment or business choices.
Government that regulates and promotes businesses in a?
This situation is described as having a mixed economy. The government is neither in complete control nor completely hands-off.
What is the US economy based on which is the private ownership of farms and businesses?
Capitalism
Opportunity costs of a greater government role in the economy?
no control for the businesses so they have to pay for higher expectations and limitations.
What is characterized by more government ownership and central planning?
Socialist economy is characterized by more government ownership and central planning.
What is the economy of Malta like?
Mixed economy. Free enterprise mixed with government ownership. Ever since Malta entered the European Union, the economy is moving further away from government ownership and towards privatisation.
Country whose government allows little or no private ownership of property and has strong control over the economy and society as a whole?
A type of government that allows little or no private ownership of property and that has strong control over the economy and society as a whole is called Communism. The hammer and sickle are universal symbols for Communism.
Type of economy with private ownership control and profit?
Capitalism. type of profit control?
