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Q: What is the type of economy where all resources are owned by individuals?
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All productive resources are government owned an controlled under what kind of economy?

Under a planned economy, all productive resources are government owned and controlled. This type of economy is also called a command economy.


What type of economy does individuals and private groups make decisions about what to produce?

Market economy


What is an type of economy in which most decisions are made by individuals looking out for their self interests?

Capitalism


What is the name of economy with producers freedom?

The type of economy that offers producers freedom is a market system. Individuals control production. A country that uses this type of system is Chile.


In the US economy today the vast bulk of the producing capability is owned by what type of business organization?

corporations


What type of economy does the democratic republic of Congo have?

The Democratic Republic of Congo has a Command economy. Which mean that the power to run the economy is held in the hands of an elite group that makes all the decisions The reason for this type of economy is because of the dictatorship of Mobutu that lasted for more then 35 years. Even though Mobutu is not in power anymore it is hard for the economy to grow because the main source of income, which are the mines, are owned by government agencies. So even thought the country itself has natural resources in abundance, the people do not get any of that money because of the people who are running the economy.


What Type of economy does the republic of the Congo have?

The Democratic Republic of Congo has a Command economy. Which mean that the power to run the economy is held in the hands of an elite group that makes all the decisions The reason for this type of economy is because of the Dictatorship of Mobutu that lasted for more then 35 years. Even though Mobutu is not in power anymore it is hard for the economy to grow because the main source of income, which are the mines, are owned by government agencies. So even thought the country itself has Natural Resources in abundance, the people do not get any of that money because of the people who are running the economy.


Where will the next nuclear power plant be?

It will be on Lake Anna in North Anna Virginia. It will be of the economic simplified pressurized water reactor type. Owned by Dominion Resources. It will be on Lake Anna in North Anna Virginia. It will be of the economic simplified pressurized water reactor type. Owned by Dominion Resources.


What type of economic and political system exist where all resources and production are owned collectively by all?

mixed capitalism


What type of economic and political system exists where all resources and production are owned collectively by all?

Socialismsocialism(Kaylop)


What type of economy system does Hungary have?

Turkey enjoys a free market economy. There use to be many state owned companies, but many have been privatized under the Erdogan government.


One type of competiton involves individuals competing for resources the other involves competition between different what?

organisms