An economic system in which property resources are publicly owned and govt uses central economic planning to direct & coordinate economic activities ?

Related Mcqs:

An analytic approach in which we move from general to particular from theory to facts is_________________?

A. Induction B. Deduction C. Specification D. None...

The private ownership of resources and use of a system of market and prices to coordinate and direct economic activity________________?

A. Pure capitalism B. Iaissez faire capital C. Both D. None...

A legal entry chartered by a state or the federal govt. which is district and separate from the individuals who own it ?

A. Co-operative B. Partnership C. Corporation D. None...

A cooperative farm or other collectively organized unit ?

A. Corporation B. Commune C. Society D. All...

A labour union which limits its membership to workers with a particular skill ?

A. Labour union B. Craft union C. Credit union D. None...