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governmentThe government
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Who controls the factors of production in a capitalist economy?
The capitalist class.
What are the factors of production in an economic system?
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.
Who owns and controls the factors of production in a mixed economy?
both the government and private sectors
Who controls the factors of production in a market economy?
distribution and industry are Private_propertyOwnershipand operated for a private Profit_(economics)
Under Socialism who controls production?
Under socialism, society controls the means of production.
Who controls the factors of production in a capitalist economy?
The capitalist class.
What are the factors of production in an economic system?
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.
Who owns and controls the factors of production in a mixed economy?
both the government and private sectors
Who controls the factors of production in a market economy?
distribution and industry are Private_propertyOwnershipand operated for a private Profit_(economics)
Under Socialism who controls production?
Under socialism, society controls the means of production.
What are factors of production name any four factors of production.?
Factors of production
What is an economic system in which the government decides what will be produced how it will be produced who gets what is produced and who owns and controls the major factors of the production?
Command economy. wrooooooong!
Economic system which government controls the factors of production for the public good?
Under state capitalism, the government controls the means of production. But this is for the benefit of the ruling class, not for ‘the public good’.
Who coined the scientific socialism theory - whoever controls controls society?
production
Define factors of production?
Factors of production are the inputs for the production process. Three basic factors of production are land, labor, capital and entrepreneurship.
What is small section of DNA called which controls production of insulin?
The small section of DNA that controls the production of insulin is called a promoter region. This region contains specific DNA sequences that act as binding sites for proteins that regulate the transcription of the insulin gene. By interacting with these sequences, various transcription factors can either promote or inhibit the production of insulin.
Who owns the factors of production in a traditional economy?
The question is nonsensical. The factors of production require the existence of a consistent production, but this does not exist in a traditional economic system. All things that are produced are produced using common materials that are available to all and items are only created when they are necessary - not when a factory owner chooses to produce.
