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What else can I help you with?
What is an economic system where the government owns and controls the means of production?
socialism.
What is the difference between communism and capitalism in terms of their economic and political systems?
Communism is an economic and political system where the government owns and controls all resources and means of production, aiming for equality among all citizens. Capitalism, on the other hand, is a system where individuals and businesses own and control resources and means of production, with a focus on competition and profit.
What is a basic characteristic of a command system?
The government owns most economic resources with a command system.
What are two kinds of economic systems?
Market Economy: Resources are publicly owned, consumers decide how resources are allocated. Command Economy: Resources are publicly owned, government decides how resources are allocated.
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!
What is an economic system where the government owns and controls the means of production?
socialism.
In a capitalist economic system who owns and controls the means of production?
If you're thinking in the Marx context, the term is bourgeoisie.
What is the difference between communism and capitalism in terms of their economic and political systems?
Communism is an economic and political system where the government owns and controls all resources and means of production, aiming for equality among all citizens. Capitalism, on the other hand, is a system where individuals and businesses own and control resources and means of production, with a focus on competition and profit.
What is a basic characteristic of a command system?
The government owns most economic resources with a command system.
What are two kinds of economic systems?
Market Economy: Resources are publicly owned, consumers decide how resources are allocated. Command Economy: Resources are publicly owned, government decides how resources are allocated.
In what countries a single authoritarian party usually controls the political system and the government owns most property and directs the majority of economic activity?
When a single authoritarian party controls the political system and the government owns most property and directs the majority of economic activity, it is a communism. Communist countries include China, Cuba, and Vietnam.
A basic characteristic of a command system is that?
A basic characteristic of a command system is that the government owns most economic resources.
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!
What type of economic system is being described the government owns the factors of production. The government answered the question of who what and how to produce. The government eliminates choice c?
The economic system being described is socialism. In socialism, the government owns and controls the factors of production, making decisions about what to produce, how to produce, and for whom to produce. This system aims to distribute resources more equitably among the population, often reducing individual consumer choice in favor of collective needs.
What is the economic system where the government owns all of the resources and properties?
State capitalism.
Which country owns lamborghini?
Germany owns the Lamborghini company
What country possesses owns or controls Bermuda Land?
The United Kingdom controls Bermuda.
