Asked by

Christymarie Cantu
on Oct 13, 2024

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Private ownership of nearly all of a nation's land,labor,capital,and entrepreneurial ability is common to

A) communism.
B) fascism.
C) socialism.
D) None of these choices are true.

Private Ownership

The holding of property by non-governmental legal entities or individuals, allowing for control over assets and their use within the confines of the law.

Entrepreneurial Ability

Ability to recognize a business opportunity and successfully set up a business firm to take advantage of it.

Fascism

A political ideology that emphasizes authoritarian nationalism, centralization of power, suppression of dissent, and often a dictatorial leadership.

  • Identify the distinctive features that set apart capitalist, socialist, and centrally planned economies.
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Allison KannegieterOct 14, 2024
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