The form of government is called: communism.
The "people" are nominally the joint owners of all goods and products within the system. However, because the system is operated by a government apparatus (to ensure complete equality), the outcome has invariably been complete ownership by the state instead, and by its leadership. This also includes controlling most aspects of the lives of the populace. What appeared to Karl Marx to be an ideal and utopian existence has the fatal human "flaws" of self-interest, self-determination, and independent thought.
communism
Distinguish between economics activities and economics system
There are many reasons for government involvement in economic activities. The government would check activities to make sure that prices are fair, employment is fair, and the pay for employees is fair and equal.
Cotton production, dye production, and metal production (for the buttons and rivets).
The factors of production in an economic system describe functions the resources do. Economic resources are labor, land, enterprise, and capital.The government controls the factors of production in each economic system.
agriculture
Socialism
Major economic activities in the Persian Gulf and interior areas of the region include oil production, farming, and gas production.
Distinguish between economics activities and economics system
capital production distribution
There are many reasons for government involvement in economic activities. The government would check activities to make sure that prices are fair, employment is fair, and the pay for employees is fair and equal.
Cotton production, dye production, and metal production (for the buttons and rivets).
The factors of production in an economic system describe functions the resources do. Economic resources are labor, land, enterprise, and capital.The government controls the factors of production in each economic system.
agriculture
command
agriculture, crop production, and fishing
They heavily taxed all domestic production.
The three most important economic activities practiced in Mali are agriculture, fishing, and mining.