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Vivien Lind

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3y ago

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In what type of economy the government owns the basic means of production?

A Communist Economy. ------ Socialism


What is the Term That descibes System In Which Publc Owns The Means Of Production?

The Communist system.


What did the American communist party have in common with the soviet communist party?

Both advocated state capitalism, where the government owns the means of production and most people still have to work for a wage. They did not stand for Communism, which means that abolition of the wages system and establishment of a classless society.


Who owns the means of production in a socialist society?

The people as a whole rather than private individuals.


In a communist society who owns the means of production banks government farmers businesspeople?

The government owns everything. The people don't own anything. The government also tells people where to live, where to work, the government owns the newspapers, TV channels, and blocks internet access. In a communist government people do not have rights.


In the communist society who owns the means of production?

This is a question that would be inapplicable to a Communist society. Keeping in mind that these things are up for argument, think of the situation more like this: - Under capitalism, one could look at a factory (i.e., a piece of the means of production) and tell me who owns it. - In the transition from capitalism to Communism (which is what some socialists mean by the word socialism), one might say that "the people" or "the state" owns the factory. - In a Communist world, one might look at a factory, ask someone who owns it, and have that person answer "Own? What do you mean?" In other words, the concept of ownership, at least as it pertains to non-personal items, would be inapplicable.


What does the communist party stand for?

Most parties that call themselves ‘communist’ in fact stand for state capitalism, where the state owns the means of production and most people still have to work for wages.


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


What system in which society owns and controls the means of production?

The members of the society own them collectively. They are run by administrators but with no one having ownership interests. -Their answer Communism is an economic and political system in which the state owns the means of production and a single party rules. -My answer


In a communist country the government owns what?

This is a question that would be inapplicable to a Communist society. Keeping in mind that these things are up for argument, think of the situation more like this: - Under capitalism, one could look at a factory (i.e., a piece of the means of production) and tell me who owns it. - In the transition from capitalism to Communism (which is what some socialists mean by the word socialism), one might say that "the people" or "the state" owns the factory. - In a Communist world, one might look at a factory, ask someone who owns it, and have that person answer "Own? What do you mean?" In other words, the concept of ownership, at least as it pertains to non-personal items, would be inapplicable.


Government owns all means of production?

State capitalism.