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In what economic system does the government own most of the factories equipment and agricultural lands?
State capitalism. In Communism there is no government and no buying and selling.
Which economic system does the government own most of the factories equipment and agricultural lands?
socialism
What is the difference between social infrastructure and economic infrastructure?
Infrastructure means the basic facilities which are necessary for the development of a nation. Economic infrastructure is the combination of basic facilities which is helpful in economic development of an economy and businesses. It includes facilities of telecommunication, electricity, transportation, energy etc. Social infrastructure is the combination of basic facilities which are necessary for human development. It includes health (hospitals), education (school, colleges etc.) and housing. Both of these infrastructures are complementary to each other and are necessary for the overall development of an economy.
What country's resources like roads and factories that it needs to support economic activity?
A country's resources, such as roads and factories, are essential for supporting economic activity as they facilitate transportation, trade, and production. Well-developed infrastructure enables efficient movement of goods and services, reduces costs, and attracts investment. Additionally, factories contribute to job creation and industrial output, driving economic growth. Together, these resources form the backbone of a country's economy, enabling sustainable development and competitiveness in the global market.
What is the important basis of international trade?
1. Differences in Environmental Conditions. 2. Stage of Economic Development 3. Population Distribution 4. Transportation and communication facilities 5. Price Structure
In what economic system does the government own most of the factories equipment and agricultural lands?
State capitalism. In Communism there is no government and no buying and selling.
Which economic system does the government own most of the factories equipment and agricultural lands?
socialism
What is the Investment in factories roads?
Investment in factories and roads is considered a form of fixed capital investment, aimed at improving infrastructure and increasing production capacity. Factories provide a space for manufacturing goods, while roads facilitate the transportation of these goods to markets. Overall, investing in factories and roads can lead to economic growth and development.
What happened to the United States to make it a economic power?
Most will agree that the industrial revolution (mass production factories) combined with the bombing of these factories in other parts of the world during world war 2 left the United States with the only operational facilities, thereby increasing its economic strength.
How did women's roles change as a result of the Industrial Revolution in Europe?
They gained increased economic independence by working in factories.
What is the difference between social infrastructure and economic infrastructure?
Infrastructure means the basic facilities which are necessary for the development of a nation. Economic infrastructure is the combination of basic facilities which is helpful in economic development of an economy and businesses. It includes facilities of telecommunication, electricity, transportation, energy etc. Social infrastructure is the combination of basic facilities which are necessary for human development. It includes health (hospitals), education (school, colleges etc.) and housing. Both of these infrastructures are complementary to each other and are necessary for the overall development of an economy.
What country's resources like roads and factories that it needs to support economic activity?
A country's resources, such as roads and factories, are essential for supporting economic activity as they facilitate transportation, trade, and production. Well-developed infrastructure enables efficient movement of goods and services, reduces costs, and attracts investment. Additionally, factories contribute to job creation and industrial output, driving economic growth. Together, these resources form the backbone of a country's economy, enabling sustainable development and competitiveness in the global market.
What is the important basis of international trade?
1. Differences in Environmental Conditions. 2. Stage of Economic Development 3. Population Distribution 4. Transportation and communication facilities 5. Price Structure
Southern factories were producing more than Northern factories?
the South had more political and economic power in Congress.
What is transportation infrastructure?
Transportation infrastructure refers to the physical structures and facilities that support the movement of people and goods. This includes roads, bridges, railways, airports, seaports, and public transit systems. Effective transportation infrastructure is essential for economic development, connectivity, and accessibility, enabling efficient travel and trade. It also plays a crucial role in enhancing safety and reducing environmental impacts associated with transportation.
How is Jamaica's economic system similar to the US economic system?
Jamaica is a capitalist country. The government does not attempt to control the farms or factories and consumers have a choice of goods and services.
In a command who tells producers what and how much to produce?
Government planners In a command economy, government committees or economic planners, political officials and production expers designate production levels and the factories which will produce them. This works on apex too soooooooo your welcoome
