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Does the Capitalism have a system of free enterprise economy with farms and factories privately owned?
Wiki User
∙ 15y ago
nah cuhz' the answer to that should be (d)none of these. cause the thing's a mixed system A mixed economy is an economic system that incorporates aspects of more than one economic system, usually referring to an economy that contains both privately-owned (Capitalism) and state-owned enterprises (Socialism) [1]. A mixed economic system combines elements of a economic planning with a market economy. In practice, most economies are mixed economies to varying degrees, some more socialist or capitalist than others.[2]
Wiki User
∙ 15y ago
Wiki User
∙ 16y agoCapitalism
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Type of economy with private ownership control and profit?
Capitalism. type of profit control?
Who had more factories during the civil war?
The North had more factories than the South because the South relied on their agricultural based economy.
How dis the war industries board (WIB) affect the American economy?
it curtailed free enterprise.
Why did sharecroppers remain poor?
they did not have enough money to keep thefarm growing because the economy was based on the factories
Why were the confedaracy and the union fighting?
They south was fighting to gain independence. The north was fighting to preserve the union. Slavery was a big issue during the civil war. The southern economy relied on slavery, without it the southern economy would have collapsed. The northern economy was threatened by slavery. After the south began using slaves in factories, the north became increasingly hostile to the south and slavery because southern factories used slave labor which allowed them to produce cheaper goods. The use of slaves in factories threatened northern economy. Many historians believe that this economic threat lead to the civil war.
What is an economic system in which most of the economy's resources are privately owned and managed?
capitalism.
What is a modified private enterprise economy?
A modified private enterprise economy is based on capitalism but has some government interference to prevent monopolies. Example is the economy of the U.S
What is the name for an economy in which private enterprise and government regulation coexist?
market economy
What would have the same meaning as capitalism or a market economy?
Free Enterprise System
What would have the same meaning as capitalism or market economy?
Free- enterprise system
What haves the same meaning as capitalism or a market economy?
Free- enterprise system
What economic system was based on free enterprise?
Capitalism as found in economics textbooks, not in the real world.
What mostly privately-owned economy falls between laissez-faire capitalism and a mixed system?
i think its socialism> XO<---------WRONG!!!!! Monopoly Capitalism <------- Correct :)
How does capitalism differ from a mixed economy?
Capitalism is an economic system that is characterized by private or corporate ownership of capital goods while a mixed economy is an economy in which private enterprise exists in combination with a considerable amount of government regulation and promotion.
What system combine both capitalism and socialism?
According to pure Marxist theory this is an impossible condition. Capitalism sets up the conditions for Communism, then Communism totally and completely automatically replaces Capitalism at the right historical time. This is a totally deterministic and inevitable transition that cannot be avoided anywhere in the world, according to Marx.
What are three main types of economics?
The three main types of economics are traditional economy, command economy (AKA planed or directed economy)& free enterprise economy (AKA private capitalism or the market economy)
What is the system of free enterpirise called?
Free enterprise is also known as a free market economy and also referred to as capitalism.
