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-free market economy and a system based on the principle of individual rights
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What are the four factors of production in capitalism?
the fourth kind
Economic system in which individuals control the factors and means of production is called?
Free Enterprise
Capitalism is a competitive economic system in which private citizens own the factors of production?
No, as it’s possible for the state to own some or most of the means of production. This would be state capitalism
Who controls the factors of production?
governmentThe government
How do you produce capitalism?
If you privately own the means of production, you probably will 'produce capitalism.' The means of production: factories, machines, tools et. all. Classic factors: land, labor and capital stock (+ entrepreneurship).
What were the factors in the agricultural revolution?
land, labor, and capitalism.
What are the four factors of production in capitalism?
the fourth kind
Economic system in which individuals control the factors and means of production is called?
Free Enterprise
As the war ended what two factors influenced the soviet leaders thinking?
Capitalism and Democracy
Capitalism is a competitive economic system in which private citizens own the factors of production?
No, as it’s possible for the state to own some or most of the means of production. This would be state capitalism
Who controls the factors of production?
governmentThe government
How do you produce capitalism?
If you privately own the means of production, you probably will 'produce capitalism.' The means of production: factories, machines, tools et. all. Classic factors: land, labor and capital stock (+ entrepreneurship).
What factors led to the economic success of industrial capitalism in America after 1877?
Factors included a boom in the railroad industry, steel industry, and oil industry; and an increase in immigration and migration
What were 3 general factors fueling u.s imperialist policy in the 1880s?
The three general factors fueling the imperialist policy in the 1880s are social, economic, and political imperialism.
What type of government and political factors does china have?
China is a dictatorship, and its economy is a mix of state and private capitalism.
What are the 5 components of capitalism?
elements of capital structure
Which of these factors motivated European imperialism in the 18th and 19th centuries?
Imperialism, according to most proponents of its causes, is the final stage of advanced capitalism. There was no advanced capitalism until the end of the 19th century. Even Adam Smith wrote about capitalism only in the late 18th century. Smith had no predictions on how capitalism might develop into imperialism.
