TRUE!!
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.
Market Economy: Resources are publicly owned, consumers decide how resources are allocated. Command Economy: Resources are publicly owned, government decides how resources are allocated.
Corporations.
partnerships, corporations, and sole proprietorships
The most common characteristic of a corporation is financial responsibility. Corporations have limited liability which means that the corporation is responsible for paying it's debts. The owners or shareholders are personally shielded from that responsibility.
Stright-Line
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.
they are mostly owned by private corporations.
they are mostly owned by private corporations.
Philippines corporations: Minimum paid up capital Peso 100,000 Minimum number of directors 5 Most corporations must be at least 60% Filipino owned
No. They are owned by the stockholders, like most large corporations.
Most countries have a mixed economy, with elements of all four major systems.Privately owned, privately controlled = free market (including the variant called capitalism)Publicly owned, privately controlled = socialism (Fannie Mae, TVA, Amtrak, CPB)Publicly owned, publicly controlled = communism (USPS, National Parks, West Point)Privately owned, publicly controlled = fascism (General Motors, Federal Reserve member banks)Fascist is often used as an insult today, but it started as an economic ideal. Benito Mussolini didn't nationalize the railroads, but he famously "made them run on time." In other words, privately owned but publicly controlled.
Most are owned by individuals. Stores such as Dick's Sporting Goods, WalMart, etc, are corporations.
Yes for the most part most recycling centers are publicly owned and put in by the city in order to promote more reycling among the residents living in the area.
Most television, radio, and newspaper stations are owned by large media corporations due to consolidation and mergers in the industry. These corporations often have diversified portfolios spanning multiple forms of media.
This cannot be answered because in today's business environment, there are few if any privately held "auto companies" . Most companies that produce automobiles are public corporations that are "owned" by their shareholders and controlled by a board of directors. They have chairman of the board and a Chief Executive Officer as well as directors, other salaried Sr. Management positions, etc. Those salaries are all public knowledge in a publicly held corporation.
No. Kroger is a publicly traded corporation active throughout most of the US. Publix is a private corporation owned by the employees and is active throughout the southern US.