Proprietorship
the owner
the owner
the government makes all the decisions, he is a dictator
the government makes all the decisions, he is a dictator
No
A totalitarian government
The president of China makes executive decisions for the country. He is also responsible for approving all new government policies.
The government makes all the decisions because the government does all the spending and taxation to provide jobs and services and he also influences on the economic growth
In a command economy government planners make the decisions and in a market the decisions are made by individuals.
In a sole proprietorship, the individual owner is responsible for making all decisions regarding the business and has complete control over its operations. This owner also retains all profits generated by the business, as there are no partners or shareholders involved. However, they are also personally liable for any debts and obligations incurred by the business. This structure allows for simplicity and direct ownership, but carries significant personal risk.
The Grand Duke does.
Consumers and Producers.