The people with the most money.
Private company's own the factories
Private Companies
State capitalism. In Communism there is no government and no buying and selling.
Anyone can own companies under true capitalism. They can be owned by named individuals, groups, or even numbered accounts ( ie, secretly held).
socialism.
There are 3 economic systems 1 Capitalism (Which is Free Market) 2 Socialism (when the government owns education,communication and transportation) 3 Communism when the government owns everything
Private Companies
State capitalism. In Communism there is no government and no buying and selling.
Anyone can own companies under true capitalism. They can be owned by named individuals, groups, or even numbered accounts ( ie, secretly held).
socialism.
s*** does
There are 3 economic systems 1 Capitalism (Which is Free Market) 2 Socialism (when the government owns education,communication and transportation) 3 Communism when the government owns everything
In a state capitalist system, the government owns the main means of production and decides how they are used. In other forms of capitalism, private capitalists do so. But all types of capitalism involve ownership and control by the capitalist class.
State capitalism.
Well, the name for this type of system is centrally planned, and one country with this economic system is China.
Chauhan family (Vijay and Arup, currently) owns it.
Capitalism is based on a number of key principles, the most important of which is private property. A capitalist is precisely someone who owns means of production and controls a significant bit of capital, this is founded on private property. If private property is abolished, capitalism cannot exist.
State capitalism.