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Which economic system says government should control all land and wealth?
Wiki User
∙ 12y ago
in a Communist or command economy the government decides where people live what jobs they will preform and their income. thy also control all land and wealth.
Wiki User
∙ 12y ago
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How does the government control the economic system?
the government controls the economic system through banks taxes and other ways inwhich we may not think of.
What is the economic system of Austria?
Australia has a mixed-market economic system in which there is a mixture of control by the government and freedom of individual enterprise and in which the basic economic questions ...
What economic system is based on government control of all factors of production?
communism
Which of the foln which type of economic system does the government control the means of production and distribution?
socialism :)
What economic system does the government have complete control over manufacturing and production?
That would be COMMUNISM.
Government ensures a what system to control money?
It has an economic system
Which economic system says government should control all land and wealth and that government should be in the hands of just one political party?
Capitalism
How does the government control the economic system?
the government controls the economic system through banks taxes and other ways inwhich we may not think of.
What is the economic system of Austria?
Australia has a mixed-market economic system in which there is a mixture of control by the government and freedom of individual enterprise and in which the basic economic questions ...
What economic system is based on government control of all factors of production?
communism
What type of economic system promotes of survival of the fittest and has limited or no government control?
anarchy
Which of the foln which type of economic system does the government control the means of production and distribution?
socialism :)
What economic system does the government have complete control over manufacturing and production?
That would be COMMUNISM.
What economic system says government should control all land and wealth and that government should be in the hands of just one political party?
This is a version of Communism where the Party is the only legal political unit.communism- nova net
What are Two core values in out government system?
Democracy and capitalism. Democracy is our political system based off the idea that government should be for the people, by the people. Capitalism is the economic system that allows citizens to control the market without government interference , thus giving in the term "free-market".
Which economic system has become associated with authoritarian governments and total control of the economy?
The command economy is the economic system that is associated with authoritarian governments and total control of the economy. The government imposes strict control of the production activities, pricing and exports.
The economic system in which the government is in almost complete control of the economic activity is called?
State capitalism. Not Communism, which has no government and no wages system.
