Individuals and the government both own factors of production. This type of economic system is the most common in the world today. Choose Socialism Communism is associated I with the DPRK (North SR (Soviet Union)? Traditional Capitalism 5 poi

Question

Individuals and the government both own factors of production. This type of economic system is the most common in the world today. Choose Socialism Communism is associated I with the DPRK (North SR (Soviet Union)? Traditional Capitalism 5 poi

Answer 1

The correct answer is Socialism.In a socialist economic system, both individuals and the government own and control the factors of production, such as land, labor, and capital. This is in contrast to a capitalist system, where the factors of production are primarily owned and controlled by private individuals or corporations.Socialism is the most common economic system in the world today, with many countries adopting a mix of socialist and capitalist elements in their economic structures.

Problemas

Individuals and the government both own factors of production. This type of economic system is the most common in the world today. Choose Socialism Communism is associated I with the DPRK (North SR (Soviet Union)? Traditional Capitalism 5 poi

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