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command economy. just finished my quiz on apex. :)

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Helen Sokha

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Q: Is system in which all the means of productions are owned and controlled by the government is know as a?
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A system in which all the means of production are owned and controlled by the government is known as?

A command economy :)


What system puts the means of productions in the hands of private owners?

Capitalism


What does mixed capitalism means?

A market system where there is a mix between free market (without regulation and laws, prices are determined by the market forces) and controlled market( with government restrictions).


What is a sentence with the world aristocracy?

it means a government controlled by members of wealthy, privileged families.


In a socialist economy most means of production are owned and controlled collective by whom?

the government


What is free market system?

It means the the business is privately owned and operated. It is not owned or controlled by the goverment.


What did Karl Marx and Friedrich Engels encourage workers to improve their lives by?

Karl Marx and Friedrich Engels encouraged workers to improve their lives by promoting class consciousness, organizing into unions or political parties, and ultimately seeking to overthrow the capitalist system through revolution. They believed that workers should unite to confront and challenge the exploitation they faced in order to achieve a more just and equitable society.


What is government control of land and all means of production called?

When the government controls the land and all the other means of production it is known as Communism. Communism is the system of in which all social and economical activities are controlled by a totalitarian state that is dominated by a single, self-perpetrating political party.


Which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy is called?

Socialism is when ownership of production and distribution is controlled collectively or by the government. The opposite of socialism is capitalism.


What is freemarket system?

It means the the business is privately owned and operated. It is not owned or controlled by the goverment.


What is quasi federal system?

A quasi federal system means a government which is designed to work as a Federal government in normal circumstances and as an unitary government in an emergency.


What is a country whose foreign policy is controlled by an outside government?

This commonly called a protectorate. It also means that the controlling nation uses its resources and army to defend the controlled nation.Some countries who have their foreign policies controlled by an outside government are Iraq and Afghanistan. These are sometimes referred to as slave nations.