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The government owns the factors of production
Government answers the question of who, what, and how to produce
Government eliminates choice and competition
What type of economic system is described?
A Capitalism
B Market
C Mixed
D Command
Can someone help me with this question? I have a hard time understanding this question. Help as soon as possible, please!
Government answers the question of who, what, and how to produce
Government eliminates choice and competition
What type of economic system is described?
A Capitalism
B Market
C Mixed
D Command
Can someone help me with this question? I have a hard time understanding this question. Help as soon as possible, please!
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