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What else can I help you with?
Which nation's economic system has been described as state capitalism?
Japan
What a central authority controls the running of a state in china?
a central authority that controls the living of a state
What was the significance of the totalitarian?
Totalitarianism is a system of government in which all social, political, economic, intellectual, cultural, and spiritual activities are controlled by the rulers of a state. A totalitarian state is ruled by a leader who controls a political party, such as Nazi Germany under Adolf Hitler, Communist China under Mao tse-tung, and the USSR under Joseph Stalin.
A situation in which one major political party controls the presidency and the other controls the chambers of Congress or in which one party controls a state governorship and the other controls the s?
Divided government
Who controls the economy of North Korea?
mostly the state
What is an economic system where the government owns and controls the means of production?
socialism.
What do capitalistic?
Capitalism is the economic system mostly owned by private corporations and operated for profit. This is in contrast to communism, where the economic system is mostly owned by the state.
capitalism?
an economic system based on open competition in a free market, in which individuals and companies own the means of production and operate for profit
History can anyone help with capitalism what it means in your words?
Capitalism is an economic and political system. This is when countries trade and industry are controlled by private owners for profit and not the state.
What Economics system is currently replacing communism in former Soviet countries?
Capitalism:an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
What is Russia's economic system?
Capitalist, with various state regulations and controls, much like the rest of Europe. Russia has not been Socialist for over two decades.
What is a free enterprise system?
A free enterprise system is one that is based on personal businesses in which they compete to sell their products and are free to make any feasible amount of profit. it is unlike state run systems such as communism where the state (government). controls all business and does not allow major profit to be made. the free enterprise system is also one that allows open or very lightly regulated trade
What do capitalists believe?
Capitalists believe in a free market economy with minimal government intervention, where individuals and businesses can freely engage in trade and competition. They emphasize the importance of private ownership of the means of production and believe that profit incentives drive innovation and economic growth.
What is a kid friendly definition of capitalism?
Basically an economic system where anyone can start their own business for their own profit. As compared to communism where the state tells you what your job will be. Capitalism is an economic system whereby the government favours individual business achievement over social policy.
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’.
What are the rules of central government and state government in federal system?
they controls the state or country
What is the best definition of a command economy?
A command economy is an economic system in which the government or central authority makes all decisions regarding the production, allocation, and distribution of goods and services. In this system, the state typically owns or controls major industries and resources, with limited or no input from market forces or consumer preferences. The primary goal is often to achieve specific social or economic outcomes, rather than to maximize profit. Examples include former Soviet Union and North Korea.
