Solved

In a _____, the Factors of Production Are Owned Collectively

Question 143

Multiple Choice

In a _____, the factors of production are owned collectively rather than individually, and no incentives to work harder or to produce quality products are provided.


A) private enterprise
B) communist economic system
C) mixed economy
D) socialistic
E) capitalistic

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions