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Who owns the companies under the system of capitalism - history?
Wiki User
∙ 8y ago
Anyone can own companies under true capitalism. They can be owned by named individuals, groups, or even numbered accounts ( ie, secretly held).
Wiki User
∙ 8y ago
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Under which system are factories controlled by private companies?
capitalism
Who owns the factories under the systems of capitalism?
Private Companies
What is the economic system in which the means production and distribution are privately owned and operated for profit under competitive conditions?
The definition of capitalism is an economic system in which the means of production and distribution are privately or corporately owned and the operations are funded by profits. An example of capitalism is the prison system in the United States being operated by private companies.
What is the economic system in which means of production and distribution are privately owned and operated for profit under competitive conditions?
The definition of capitalism is an economic system in which the means of production and distribution are privately or corporately owned and the operations are funded by profits. An example of capitalism is the prison system in the United States being operated by private companies.
What type of government is capitalism?
N/A. Capitalism is exclusively an economic system where private companies drive a country's trade and industry. Capitalism can occur under nearly any form of government, be it democracy, monarchy, autocracy, military junta, or a theocracy.
Under which system are factories controlled by private companies?
capitalism
Who owns the factories under the systems of capitalism?
Private Companies
What is the economic system in which means of production and distribution are privately owned and operated for profit under competitive conditions?
The definition of capitalism is an economic system in which the means of production and distribution are privately or corporately owned and the operations are funded by profits. An example of capitalism is the prison system in the United States being operated by private companies.
What is the economic system in which the means production and distribution are privately owned and operated for profit under competitive conditions?
The definition of capitalism is an economic system in which the means of production and distribution are privately or corporately owned and the operations are funded by profits. An example of capitalism is the prison system in the United States being operated by private companies.
What is the economic system in which the means of production and distribution are privately owned operated for profit under competitive conditions?
The definition of capitalism is an economic system in which the means of production and distribution are privately or corporately owned and the operations are funded by profits. An example of capitalism is the prison system in the United States being operated by private companies.
What type of government is capitalism?
N/A. Capitalism is exclusively an economic system where private companies drive a country's trade and industry. Capitalism can occur under nearly any form of government, be it democracy, monarchy, autocracy, military junta, or a theocracy.
Is freedom of choice capitalism or socialism?
Under capitalism, most people have little freedom of choice, as they have to work for an employer. Socialism will provide much more freedom, without the coercion of the wages system.
Who owns that factories under the system of capitalism?
The people with the most money.
Is capitalism democratic?
IT CAN BE, BUT IS NOT NECESSARILY SO. Capitalism is exclusively an economic system where private companies drive a country's trade and industry. So, in terms of economics, capitalism leaves the wealthy industrialists and entrepreneurs in control of the economy. However, as concerns governments, capitalism provides no clear answer as to who is in power. Capitalism can occur under nearly any form of government, be it democracy, monarchy, autocracy, military junta, or a theocracy.
What economic system believes in a free market?
Nobody really believes in a truly free market. Under all forms of capitalism, the state plays a major role.
Is capitalism necessay for a successful democracy?
no, democracy would be more inclusive and representative under a socialist system More to the point, democracy is a political theory/system, while capitalism is an economic system/theory. They are not directly connected in any way to each other.
What Economic system in which the means of production and distribution are privately owned and operated for profit under competitive conditions?
the answer is : Capitalism
