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What else can I help you with?
Which of the foln which type of economic system does the government control the means of production and distribution?
socialism :)
How do you define planned economy?
An economic system in which the government controls and regulates production, distribution, prices, etc.
What is the private ownership of capital?
Private ownership of capital refers to the legal and economic system where individuals or corporations have the right to own, control, and utilize assets, resources, and means of production for profit. This ownership allows them to make decisions regarding investment, production, and distribution without direct government control. It is a fundamental principle of capitalism, fostering competition and innovation but can also lead to wealth disparities and market failures if not regulated.
What type of economic model fits this description the production and distribution of goods can be planned by the government to assure fairness for all of the people?
Socialism (A+)
What is the economic goals of government?
To do away with economics by having no money or prices or buying and selling.
What do you call a system that looks at the production of goods the distribution of wealth and the ownership of land and industry?
economic systemcollective
Are elements of the economic system of government?
production, manufacturing, and the distribution of goods
What is capitalism in sociology?
An economic system based on the private ownership of the means of production and distribution in which the goal is to produce profi
What do you call a system that looks at the production of goods the distribution of wealth and the ownership of land and industry called?
economic systemcollective
Which of the foln which type of economic system does the government control the means of production and distribution?
socialism :)
How do you define planned economy?
An economic system in which the government controls and regulates production, distribution, prices, etc.
Which element controls and maintains a capitalistic economic system?
In capitalism, the market forces of supply and demand, operating in a free market with limited government intervention, determine prices, production, and distribution of goods and services. Private ownership of property and means of production also plays a key role in maintaining a capitalist economic system.
What is an anticapitalist?
An anticapitalist is someone who opposes the current economic system based on private ownership of the means of production, distribution, and exchange for profit. They often advocate for alternative economic structures that prioritize social welfare, equality, and collective ownership.
What is the private ownership of capital?
Private ownership of capital refers to the legal and economic system where individuals or corporations have the right to own, control, and utilize assets, resources, and means of production for profit. This ownership allows them to make decisions regarding investment, production, and distribution without direct government control. It is a fundamental principle of capitalism, fostering competition and innovation but can also lead to wealth disparities and market failures if not regulated.
What type of economic model fits this description the production and distribution of goods can be planned by the government to assure fairness for all of the people?
Socialism (A+)
What type of economic model fits this description the production and distribution of goods can be planned by the government to assure fairness for all the people?
Socialism (A+)
What is the economic goals of government?
To do away with economics by having no money or prices or buying and selling.
