The National Bank and the government work together to influence the economy. They don't, however, control the economy because we are talking about an unplanned (= capitalist) system.
The ultimate aim, hence, will be to maximize revenue or profit.
New York Exchange
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.
the government controls the economic system through banks taxes and other ways inwhich we may not think of.
The most basic economic institution in market economies is the system of markets.
socialism.
New York Exchange
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.
the government controls the economic system through banks taxes and other ways inwhich we may not think of.
The most basic economic institution in market economies is the system of markets.
capitalism
TAXATION,answerd by Robert hardy
socialism.
The government decides where to invest resources.
An economic system in which the government controls and regulates production, distribution, prices, etc.
The Dowry System leads to unplanned pregnancy.
If you're thinking in the Marx context, the term is bourgeoisie.
Capital controls prevent hasty movements of money into and out of a country's economic system.