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khenlatsi
khenlatsi khenlatsi
  • 09-03-2016
  • Business
Answered

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

Verified Answer :

andriansp andriansp
  • 18-03-2016

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

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autwut6
autwut6 autwut6
  • 19-09-2018

Well,  Households do.

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