0
Under socialism, society controls the means of production.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
Economic system which government controls the factors of production for the public good?
Under state capitalism, the government controls the means of production. But this is for the benefit of the ruling class, not for ‘the public good’.
What is an economic system where the government owns and controls the means of production?
socialism.
Under which economic system are resources devoted to production for use or need rather than production for profit?
socialism
What term describes the system in which the public owns the means of production?
socialism
All what are stages of production except?
socialism
Who coined the scientific socialism theory - whoever controls controls society?
production
Economic system which government controls the factors of production for the public good?
Under state capitalism, the government controls the means of production. But this is for the benefit of the ruling class, not for ‘the public good’.
What is the type of economy where government controls all industry and production?
State capitalism. In Socialism it is the people who control production and distribution, the aim of production being to meet human need.
What is an economic system where the government owns and controls the means of production?
socialism.
Under which economic system are resources devoted to production for use or need rather than production for profit?
socialism
In which political system does the government control the production of all food and goods?
A command economy, such as communism or socialism, is a political system where the government controls the production of all food and goods. This system aims to centrally plan and coordinate economic activities to achieve specific objectives.
Which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy is called?
Socialism is when ownership of production and distribution is controlled collectively or by the government. The opposite of socialism is capitalism.
What is the difference between anarchy and socialism?
Socialism is a classless stateless society based on production for use. Anarchism is about abolishing government. Some anarchists (such as Kropotkin) also wanted a Socialist society, but many others do not.
Under what system does the government owns nearly all the means of production and directs all important economic activities?
Socialism
What term describes the system in which the public owns the means of production?
socialism
The scientific socialism theory means?
production
All what are stages of production except?
socialism
