> > WHO OWNS THE FACTORS OF PRODUCTION IN A MARKET ECONOMY?????????

WHO OWNS THE FACTORS OF PRODUCTION IN A MARKET ECONOMY?????????

WHO OWNS THE FACTORS OF PRODUCTION IN A MARKET ECONOMY?????????

124 Views

WHO OWNS THE FACTORS OF PRODUCTION IN A MARKET ECONOMY?????????

WHO OWNS THE FACTORS OF PRODUCTION IN A MARKET ECONOMY?????????

Answer

In the market Economy, Factors of productions are divided into : - Natural Resources If the company is the one who buy the natural resources, the company is the one who owns it - Labour is belong to the workers - Capital Is belong to the Shareholders of the company - Management Skills Is belong to the Executives of the company

Virtual Teaching Assistant: Colleen R.
Question Level: Basic
Karma: Free
Upload Date: 5/31/2017

This 20 words question was answered by Colleen R. on StudySoup on 5/31/2017. The question contains content related to Business Since its upload, it has received 124 views.

Recommended Questions