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What are the differences between public and private sectors?
Public sectors are owned and/or serviced by the government. Private sector businesses are owned by individuals and do not pay a direct dividend to the government.
Which of these was not included in Lenin's New Economic Policy?
all privately owned businesses were given up to the government
Economic system in which businesses are owned by private citizens not by the government?
Capitalistic Economy... also known as Free-Enterprise
Under what economic system do all businesses operate only as direct by the government?
Under socialism the "businesses" are out and out owned by the government. Under fascism, the "businesses" are in theory private, but are controlled and licensed by the government. All governments to a certain degree have fascistic elements, as no business can be in business without complying with a variety of regulations, licenses and taxes.
How are government businesses different from private businesses?
Government businesses are controlled by the government private businesses are controlled by the private.Government businesses are set up by Congress.
What are unincorporated businesses?
Unincorporated businesses are businesses that are owned by individuals, not by the government.
In Romania are businesses primarily privately owned or government owned?
Generally privately owned.
A country in which some businesses are owned by individuals and other businesses are owned by the government has a?
(For Apex Learning) Mixed economy.
Is hair dresser is owned by government?
Hair dressers' shops are normally privately owned businesses, however in comunist countries all businesses belong to the government.
Who owned and ran all the businesses under the communist government?
Government .
Who ran and owned all the businesses under the communist government?
Government .
What do you call countries in which businesses are owned by the government?
communism
What purpose of a government in an indirect democracy include?
to make money from government-owned businesses
What are businesses set up by the government to provide public services?
government-owned corporations
Is the process of converting government-owned businesses to private ownership.?
privatization
Is the process of converting government-owned businesses to private ownership?
privatization
Characteristics of private sector?
encompasses all 'for profit' businesses that are not owned by the government.
