19- If the government has complete control over the ownership of factors production, their economy is classified as____________. a. Command economy b. Economic system c. Capitalist economy d. Mixed economy

19- If the government has complete control over the ownership of factors production, their economy is classified as____________. a. Command economy b. Economic system c. Capitalist economy d. Mixed economy

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter2: Economic Tools And Economic Systems

Section: Chapter Questions

Problem 4.9P

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19-

If the government has complete control over the ownership of factors production, their economy is classified as____________.

Command economy

Economic system

Capitalist economy

Mixed economy

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