Who owns most factors of production in a market economy?
A individuals
B. individual states
C. the federal government
D. community leaders
Please select the best answer from the choices provided
Ο Α
OB
ОС
OD

Answers

Answer 1

Answer:

A. individuals

Explanation:

When it comes to a "capitalist economy" or a "free market economy" the factors of production are owned by the individual. This means that private businesses own the land, labor, capital and entrepreneurship. This goes to show that they are the ones who are responsible for producing the goods for the customers. Their supply of good is largely dependent on the customer's demand. The government cannot interfere in such kind of economy.


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A paragraph on bahrain national day lights

Answers

Answer:

Hi!

During his 38 year reign, Bahrain gained its independence from the United Kingdom on 15 August 1971 and Bahrain underwent an economic transformation into a modern nation and a key financial center in the Persian Gulf area.At the age of 65, Isa bin Salman Al Khalifa died of a heart attack on 6 March 1999 at the al Sakhir Palace in Manama shortly after his meeting with the United States defense secretary William Cohen. He was succeeded by his eldest son, Hamad bin Isa Al Khalifa.

Hope it helps!

Answer:

During his 38 year reign, Bahrain gained its independence from the United Kingdom on 15 August 1971 and Bahrain underwent an economic transformation into a modern nation and a key financial center in the Persian Gulf area.At the age of 65, Isa bin Salman Al Khalifa died of a heart attack on 6 March 1999 at the al Sakhir Palace in Manama shortly after his meeting with the United States defense secretary William Cohen. He was succeeded by his eldest son, Hamad bin Isa Al Khalifa.

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