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Which of theses are elements of the economic system of government?
regulation, manufacturing, and distribution of goods
What are the factors of production in an economic system?
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.
In which economic system does the government own the means of production?
command
What economic system is based on government control of all factors of production?
communism
What is an economic system where the government owns and controls the means of production?
socialism.
Are elements of the economic system of government?
production, manufacturing, and the distribution of goods
Which of these are elements of the economic system of government?
regulation, manufacturing, and distribution of goods
Which of theses are elements of the economic system of government?
regulation, manufacturing, and distribution of goods
What are the factors of production in an economic system?
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.
In which economic system does the government own the means of production?
command
Manufacturing infrastructure?
China’s vast outsourcing manufacturing infrastructure is one of the country’s most important economic assets. According to some estimates, China is responsible for more than 80% of the world’s electronics production and 70% of clothing production. Manufacturing in China has played a central role in the country’s economic growth, helping lift millions out of poverty.
Secondary economic activity?
Secondary economic activity refers to the manufacturing and construction industries that process raw materials into finished products. This sector adds value to the raw materials provided by primary economic activities like agriculture and mining before they are consumed. Examples include car production, electronics manufacturing, and textile production.
What are secondary economic activities?
Secondary economic activities involve the processing and transformation of raw materials into finished goods. This sector includes manufacturing, construction, and production industries, where resources are converted into products that can be sold to consumers or used in further production. Examples include automobile manufacturing, textile production, and food processing. These activities play a crucial role in adding value to raw materials and contributing to economic growth.
What economic system is based on government control of all factors of production?
communism
What is an economic system where the government owns and controls the means of production?
socialism.
Which of the foln which type of economic system does the government control the means of production and distribution?
socialism :)
What economic system has government ownership of the means of production and distribution?
Communism
