Answered

Discover answers to your most pressing questions at Westonci.ca, the ultimate Q&A platform that connects you with expert solutions. Get quick and reliable solutions to your questions from knowledgeable professionals on our comprehensive Q&A platform. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform.

What is best described by this statement:
"While private individuals technically own the factors of production, it is the government that oversees (through planners) the allocation of resources and makes economic decisions"?

A: communism

B: capitalism

C: traditional economy

D: socialism

Sagot :

debnathtirtha391

Answer:

B.Capitalism

Explanation:

In terms of private individuals, everything is in option B,

Zer0Grey

Answer:

Socialism

Explanation: Study guide says so?

Visit us again for up-to-date and reliable answers. We're always ready to assist you with your informational needs. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.