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A key principle of the economic theory of communism is?
government ownership of property
Which the following describes a major legacy of the Progressive era?
That the government can act to fix the economic and political problems.that the government can act to fix economic and political problems - novanet
Which economic system calls for a maximum of collective ownership?
Classical capitalism
What is collective or government ownership of production or distribution called?
Socialism--this is the dictionary definition of socialism. Particularly relevant right now, since it is the path we in the US are blindly blundering down as we nationalize banks and buy 60% interest in automakers using taxpayer money, but without the permission of the taxpayers or the administration even bothering to ask the congress. This path has always historically ended in economic collapse and the destruction of the civil society. --Steve Davis Denver, Colorado
How did Islam in fluence the government of the ottoman empire?
Certain political and economic benefits were reserved for Muslim in the ottoman empire
What economic system is based on collective ownership?
Communism
Economic system based on collective ownership?
Libertarian Socialism is the economic system based on equal collective ownership of property. It includes Social anarchism and libertarian Marxism.
The economic system that calls for a maximum of collective ownership is?
communism
During this era Which two economic philosophies were predominant?
During this era, the two predominant economic philosophies were capitalism and socialism. Capitalism emphasized private ownership, free markets, and limited government intervention, prioritizing individual initiative and wealth creation. In contrast, socialism focused on collective ownership and distribution of resources, advocating for economic equality and social welfare through government control or regulation of key industries. These philosophies often clashed, shaping political and economic debates globally.
Are political and economic collective nouns?
No, the words 'political' and 'economic' are adjectives, words that describe nouns.Example: He gave a political speech on the economic status of the country.A collective noun is a word used to group people or things taken together as one whole in a descriptive way.Example: An audience of people attended the speech. (the collective noun is 'audience' a noun that groups the people)
A key principle of the economic theory of communism is?
government ownership of property
What were the ideas of sharing wealth known as?
The idea of sharing wealth is often referred to as socialism, which is a political and economic theory advocating for collective ownership and distribution of resources to achieve social and economic equality. Other terms that may be used to describe the concept include wealth redistribution, social welfare, and economic egalitarianism.
Which economic system is characterized by much government involvement lack of private ownership and elimination of economic classes?
planned
Which the following describes a major legacy of the Progressive era?
That the government can act to fix the economic and political problems.that the government can act to fix economic and political problems - novanet
What economic system has government ownership of the means of production and distribution?
Communism
What kind of government makes political economic and social decisions?
Democratic Government.
What is an anticapitalist?
An anticapitalist is someone who opposes the current economic system based on private ownership of the means of production, distribution, and exchange for profit. They often advocate for alternative economic structures that prioritize social welfare, equality, and collective ownership.
