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What is an economy where government owns all production and industry?
Command Economy.
Economy where government owns all industry?
COMMUNISM:(
In this type of economy the government owns the basic means of production?
Socialism
Who owns the capital tools and production of equipment in a command economy?
The government
In what type of economy the government owns the basic means of production?
A Communist Economy. ------ Socialism
Who owns and controls the factors of production in a mixed economy?
both the government and private sectors
In this type of economy the government owns the basic mean of production?
I put the question for people who doesn't know but i know it it is Socialism
When a government nationalizes an industry it?
owns it
Who owns the resources in mixed economy?
government
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!
Who owns the factors of production in market economy?
factors of production by govt. , by society and privetly
Who owns the factor of production in a market economy?
factors of production by govt. , by society and privetly
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