In which of the following economic system doesthe government owns the factors of productionand distribution?a. Capitalist Economyb. Command Economyc. Mixed Economyd. Private Economy

A economic framework is a method by which social orders or states arrange and disperse accessible…

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the government owns the factors of production and distribution?

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter3: Scarcity, Trade-offs, And Production Possibilities

Section: Chapter Questions

Problem 1P

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Question

In which of the following economic system does
the government owns the factors of production
and distribution?
a. Capitalist Economy
b. Command Economy
c. Mixed Economy
d. Private Economy

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