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Communism

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15y ago

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Which economic system would have the least private ownership?

Planned economic systems would have the least private ownership.


Under which economic system would you find the least private ownership?

Under communism, you would find the least private ownership.


What economic system calls for a maximum of private ownership?

that would be capitalism, i believe


Who has a traditional economic system?

A traditional economic system would have to be a system based on the tradition of a particular region. that would imply that virtually every country has an economic system that is traditional.


What would be the economic system for theocracy?

Socialism


How was feudalism related to medieval Europe economic system?

well the economic system has a lot to do with food so if you eat now you would have your answer and you would think better


Which of these would have a controlled economic system?

a socialist country


Why does this economic system provide a higher level of human development to a country?

We would need to know what economic system you mean to respond to this question.


What mostly privatly-owned economy falls between laissez-faire capitalism and a mixed system?

The system that would fit this description the most is socialism. While much of the ownership of business is regulated, ownership is still through small groups.


The economic system in use by the US would best be described as?

capitalism


What economic system would a monarch government use?

a horrible type


How would you describe a capitalistic system?

A capitalistic system is an economic system based on private ownership of the means of production and the pursuit of profit. In a capitalistic system, individuals and businesses are free to compete in the marketplace, determining prices and allocating resources. This system operates on the principles of supply and demand, with minimal government intervention in the economy.