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Ownership of private property is a characteristic of?

free enterpirse


Private ownership of businesses is a characteristic of what?

Free enterprise system


Private and state ownership of business?

mixed econemy


What is the ownership of apple inc?

Apples ownership is private because it is a profit making business


How is US economy a capitalised economy?

private business ownership


Does public ownership and central planning do a better job than private business and free markets?

No. Private ownership and free market is a better system than public ownership and central planning.


Classification of business by ownership?

1.corporation 2.cooperation 3.partnership 4.ownership 5.Private


What are the forms of business ownership?

Private ownership (belongs to an individual) Nationalised ownership (belongs to the state) Public limited ownership (belongs to shareholders) are the 3 main forms of ownership (there are more)


What does a capitalist economic system encourag?

private business ownership


The private ownership of property resources and use of prices to direct and coordinate economic activity is characteristic of?

a Market System


The private ownership of property resources and use of prices to direct and coordinate economic activity is characteristic of..........?

A market system.


Do market economy have private ownership?

Yes, market economies typically feature private ownership, allowing individuals and businesses to own and control property and resources. This system encourages competition and innovation, as owners can make decisions about production and pricing based on market demand. Private ownership also facilitates investment and economic growth, as individuals are incentivized to improve their assets. Overall, private ownership is a fundamental characteristic of a market economy.