Who owns most farms and factories in a capitalist economy?

One newly institution question and answer requested students to tell what they feel is the most important important element for a student to do to be able to hit success. Of the many reactions, one that that stood out was practice. Successful people are certainly born successful; they become successful with hard work and determination. This is how you can obtain your goals. the following some question and answer examples that you can potentially utilise to upgrade your knowledge and gain insight that will assist you to keep up your school studies.

Question:

Who owns most farms and factories in a capitalist economy? a. private banks
b. private individuals
c. state governments
d. national governments

Answer:

The correct answer is B. Private individuals own most farms and factories in a capitalist economy.

Farms and factories are productive units whose owners are individuals or groups of individuals that offer a good or service to other individuals or groups of individuals in the market for such goods or services in exchange for monetary remuneration.

Banks manage financial assets and provide services to owners of farms and factories but they are not usually their owners.

National or state governments, unlike the commanded economy, play an indirect role in the economy of farms and factories.

From the answer and question examples above, hopefully, they could simply assist the student take care of the question they had been looking for and remember of most things stated in the answer above. Then would certainly make some sharing in a group discussion and also study with the classmate with regards to the topic, so another student also obtain some enlightenment and still keeps up the school learning.

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