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What does the word 'demutualization' mean?

Demutualization is the process in which a organisation changes from being a customer owned to being shareholder owned. This kind of process could happen to an insurance company.


What is free market system?

It means the the business is privately owned and operated. It is not owned or controlled by the goverment.


What is the difference between a private house and condominium house?

A private house is owned by an owner who also owns the land. A private house owner is responsible for the maintenance, upkeep and preservation of the private house and property. A condominium house is part of a larger community which is owned by all owners in equitable share, and the house being owned by an owner. A condominium house owner pays assessments to the association that operates the community. The board is responsibility for the maintenance, upkeep and preservation of all real estate assets owned by the community.


Is Dollar General privately or publicly owned why?

Dollar General is a publicly traded company. It went public in 2009 and is listed on the New York Stock Exchange under the ticker symbol DG. Being publicly owned allows it to raise capital through the sale of shares, which supports its expansion and operations.


What is the economic system in which the means production and distribution are privately owned and operated for profit under competitive conditions?

The definition of capitalism is an economic system in which the means of production and distribution are privately or corporately owned and the operations are funded by profits. An example of capitalism is the prison system in the United States being operated by private companies.

Related Questions

What did it mean to be a slave during the slave trade?

It meant you had no rights and were forced to do work against your will. You had no will and wee treated horribly. You were 'owned' by someone. It was like being a prisoner apart from the fact that in prison you still have rights. You could also be bought or sold.


Do you agree with the idea that someone can own intellectual property?

Intellectual property is a third party property being owned by a person or entity. This means that intellectual property can, in fact, be owned by someone.


What is the meaning of the word enslaved person?

Enslave - To make someone a slave Slave -An owned person from a legal property that is forced to obey the slave 'owner'


What is a person who was forced to work on a plantation?

A person who was forced to work on a plantation was typically referred to as a slave. Slavery involved individuals being owned as property, without rights or freedoms, and forced to work under harsh and exploitative conditions.


What is the difference between sharecropping and slavery?

Sharecropping involves individuals working on land owned by someone else in exchange for a share of the crop, while slavery involves individuals being owned as property and forced to work without choice or compensation. Sharecroppers have more autonomy and the possibility of eventually owning their own land, while slaves have no freedom or rights.


What language were slaves forced to learn?

Assuming that the slaves were owned by American masters, they were forced to learn English.


What does pre owned stand for when buying a car?

Pre-owned cars are cars that have been owned by someone else and are not new, also known as used cars. Many dealers may "certify" pre-owned cars, which guarantees that the dealer has inspected and repaired the car and certifies that it is in good condition.


What is the definition of slavery?

Slavery is the condition of being owned or controlled by another.Actual slavery is involuntary servitude as the property of someone else. Slaves are not free, independent individuals, but are subjugated or regulated by their owners. Slaves are normally used as unpaid workers or laborers.The idea of slavery is often used metaphorically (as is imprisonment) when someone feels trapped or controlled by their circumstances. E.g. "a slave to his job", "a slave to video games".


Who developed a policy that forced peasants to put their land and animals into state-owned collective farms?

Joseph Stalin developed a policy that forced the peasants to put their land and animals into state owned collective.


How was being a slave different from being an indentured servant?

Being a slave meant being owned as property for life, with no personal rights or freedoms. Indentured servants were under contract for a specific period of time, usually seven years, in exchange for passage to the New World and eventual freedom. Slaves had no legal protections or recourse, while indentured servants had some rights under their contracts.


Do bearded dragons know their owner?

Yes, if they handle them enough! In fact, if someone they aren't used to handles them, they might hiss.


What does enslaved mean?

Enslaved refers to the state of being owned and controlled by another person, usually without having the ability to escape or make independent decisions. It involves being forced to work without pay and enduring physical or psychological abuse.

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