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Businesses are owned by the State and are directed by bureaucrats appointed by the State.
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∙ 8y ago
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What do you call countries in which businesses are owned by the government?
communism
What country runs under communism?
Cuba
Businesses the federal government runs are called...?
Businesses the federal government runs are called government corporations.
What is the antonym for communism?
Capitalism is often considered the antonym for communism. Communism advocates for a classless society where property is owned collectively, while capitalism is an economic system where private individuals and businesses own the means of production.
What is the opposite of capital?
The opposite of capitalism is communal ownership of businesses, usually framed as COMMUNISM.
Why has Slovakia had difficulty changing to a free market economy?
After the fall of the communism , Slovak leaders set out to privatize businesses
What is the difference communismsocialism and capitalism?
Communism and Socialism are the same: no classes, common ownership of the planet’s resources, production to meet human need. Capital means the means of production are owned by a small minority and production takes place for the sale of profit.
Why do businesses have trial runs?
To see if the business concept is feasible
What is communism government?
In a communist country, the government owns all things like businesses and farms. They provides its peoples healthcare, education and welfare.
Difference between pure communism and communism?
Pure communism is simply a reference to the way communism was theoretically laid out by Karl Marx (who saw its occurrence as an inevitability). Communism generally refers, in common usage, to states in the last century who claimed to be communist, such as the USSR.
Who runs the majority of businesses in Greece?
thats what im wonderin
How did fascist leaders gain power in eastern Europe?
communism was rising, and people did not want to lose their businesses or their class rights. so they elected fascist dictators to govern instead of communists. they didn't like fascism, but liked it better than communism.
