Alex dabek
The households
Business firms own the factors of production.
Factors of production
mixed economy
No, as itβs possible for the state to own some or most of the means of production. This would be state capitalism
Factors of production are the inputs for the production process. Three basic factors of production are land, labor, capital and entrepreneurship.
Business firms own the factors of production.
Producers would own the factors of production anywhere, not just France.
Land,labour,and Capitol
individuals are free to own and control the factors of production.
Factors of production
individuals are free to own and control the factors of production.
You should define that a bit. It could be wheat production, lumber, mineral production or a number of others.
mixed economy
No, as itβs possible for the state to own some or most of the means of production. This would be state capitalism
a system indivivisuals own the factors of production and decide how to use them.
Factors of production are the inputs for the production process. Three basic factors of production are land, labor, capital and entrepreneurship.
mobility of factors of production