answersLogoWhite

0

What else can I help you with?

Continue Learning about Economics

Who believe that the government should own and operate the means of production?

Certain types of Socialism hold that the government should own the methods of production; however, Socialism is a very broad category, and there are many sub-types, many of which do not hold that government ownership of production is desireable (or, hold that only some areas of industry should be government-owned). The Marxist theory of economics (a sub-type of Socialism) holds that the workers should own and operate the means of production, but it does not specifically state how they should organize to manage this ownership. Communism (as espoused by Lenin as a derivative of Marxism) specifically states that the government should act as the proxy for the workers (as the government is supposed to be composed of and represent the interests of the working class), and thus, under Communism, the government owns industry.


In its form this system says government as a representative of the people should own and operate all businesses and control all of a country's wealth?

socialism


Which economic system says that land business and industry should be owned and run by by individula citizens and not by the government?

This would be capitalism.


A laissez-faire attitude about the role of government means the government should?

A laissez-faire attitude about the role of government means the government should minimize its interference in economic activities and allow individuals and businesses to operate freely. This approach advocates for limited regulation and taxation, promoting a free market where supply and demand dictate prices and production. Proponents believe that this leads to greater innovation and efficiency, while critics argue it can result in inequality and insufficient protections for consumers and workers. Overall, the focus is on individual liberty and economic freedom.


What role do you think the government should play in the economy?

No role the government should play.

Related Questions

Who believe that the government should own and operate the means of production?

Certain types of Socialism hold that the government should own the methods of production; however, Socialism is a very broad category, and there are many sub-types, many of which do not hold that government ownership of production is desireable (or, hold that only some areas of industry should be government-owned). The Marxist theory of economics (a sub-type of Socialism) holds that the workers should own and operate the means of production, but it does not specifically state how they should organize to manage this ownership. Communism (as espoused by Lenin as a derivative of Marxism) specifically states that the government should act as the proxy for the workers (as the government is supposed to be composed of and represent the interests of the working class), and thus, under Communism, the government owns industry.


How personal values differ from professional ethics?

Different objectives. Professional ethics are how the industry, any professional industry,should operate... personal ethics are how we ourselves should operate, not only in relation to the professional world but in our own personal, and social, spaces.


How do personal values differ from professional ethical?

Different objectives. Professional ethics are how the industry, any professional industry,should operate... personal ethics are how we ourselves should operate, not only in relation to the professional world but in our own personal, and social, spaces.


Which is the name for the document that describes how a city government should operate?

Municipal Charter


Who should have the responsibility to develop the new technology necessary to lower emissions industry or government?

government....................


What was a good key idea by socialist?

Capitalism favors the rich and is unfair to the poor.The government should control all industry and trade.The correct answer: The government should control all industry and trade. all citizens should be treated equally and fairly


Jefferson's philosophy that government should not interfere with industry?

free market system


Can religion and government operate cohesively?

Yes. Religion and Government can operate cohesively provided 1. country should have single religion 2. Religion should be based on human values, and 3. Constitution on which Government runs the country should be based on the principles of religion which is followed by the country people. Most of the Muslim and few Buddhist countries are examples of this.


How do personal values differ from personal ethics?

Different objectives. Professional ethics are how the industry, any professional industry,should operate... personal ethics are how we ourselves should operate, not only in relation to the professional world but in our own personal, and social, spaces.


What did the federalist party believe?

Alexander Hamilton supported the federalist party. They belived they should have a strong central government that should revolve around business and industry.


Why should rovos rail only operate with in south African borders?

To increase GDP in the tourism industry and help the economy grow through this.


What was true about the Federalists?

The full question is: What was true about the Federalists They believed A all government should operate at the state level B state governments should be stronger over national government C national government should be stronger than states D a king should head the national government The Federalists supported a strong central government that was over the states.