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Capitalism is a competitive economic system in which private citizens own the factors of production?
Wiki User
∙ 12y ago
No, as it’s possible for the state to own some or most of the means of production. This would be state capitalism
paulbenn
Wiki User
∙ 12y agoyes
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What Economic system in which the means of production and distribution are privately owned and operated for profit under competitive conditions?
the answer is : Capitalism
What does the economic system in which the means of production and distribution are privately owned and operated for profit under competitive conditions?
Capitalism
What is the economic system in which the means of production and distribution are privately owned and and operated for profit under competitive conditions?
Capitalism
System in which private citizens control property and economic activity?
Capitalism is just one of many systems in which a tiny minority of private persons control the means of production.
What is the economic system in which the means production and distribution are privately owned and operated for profit under competitive conditions?
The definition of capitalism is an economic system in which the means of production and distribution are privately or corporately owned and the operations are funded by profits. An example of capitalism is the prison system in the United States being operated by private companies.
What Economic system in which the means of production and distribution are privately owned and operated for profit under competitive conditions?
the answer is : Capitalism
What does the economic system in which the means of production and distribution are privately owned and operated for profit under competitive conditions?
Capitalism
What is the economic system in which the means of production and distribution are privately owned and and operated for profit under competitive conditions?
Capitalism
System in which private citizens control property and economic activity?
Capitalism is just one of many systems in which a tiny minority of private persons control the means of production.
What is the economic system in which means of production and distribution are privately owned and operated for profit under competitive conditions?
The definition of capitalism is an economic system in which the means of production and distribution are privately or corporately owned and the operations are funded by profits. An example of capitalism is the prison system in the United States being operated by private companies.
What is the economic system in which the means production and distribution are privately owned and operated for profit under competitive conditions?
The definition of capitalism is an economic system in which the means of production and distribution are privately or corporately owned and the operations are funded by profits. An example of capitalism is the prison system in the United States being operated by private companies.
What is the economic system in which the means of production and distribution are privately owned operated for profit under competitive conditions?
The definition of capitalism is an economic system in which the means of production and distribution are privately or corporately owned and the operations are funded by profits. An example of capitalism is the prison system in the United States being operated by private companies.
Economic system based on industrial production?
industrial capitalism
Who owns the mean of production in capitalis?
Under a capitalistic economy, the ownership of the means of production is in the hands of non-governmental corporations. Most are publicly owned by citizens. Capitalism has proven to be the cornerstone of economic growth.
Economic system in which individuals control the factors and means of production is called?
Free Enterprise
What economic system has government ownership of the means of production and distribution?
Communism
An economic system in which individuals own the factor of production and make their own decisions?
capitalism
