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An economic system wherein individuals and corporations own the means of production and work to earn a profit for themselves is called A. a monopoly. B. a capitalist system. C. a socialist system. D. a communist system.
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Asked 11/3/2013 8:02:32 AM
Updated 11/3/2013 8:34:38 AM
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User: An economic system wherein individuals and corporations own the means of production and work to earn a profit for themselves is called A. a monopoly. B. a capitalist system. C. a socialist system. D. a communist system.

Weegy: User: An economic system wherein individuals and corporations own the means of production and work to earn a profit for themselves is called C. a socialist system.
Grasscarp|Points 309|

User: Which of the following is true of the federal budget? A. It is a joint process of the executive branch and Congress. B. The federal budget impacts states, but has very little effect on individuals. C. The government is required to have a balanced budget every year. D. All of the above.

Question
Asked 11/3/2013 8:02:32 AM
Updated 11/3/2013 8:34:38 AM
1 Answer/Comment
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An economic system wherein individuals and corporations own the means of production and work to earn a profit for themselves is called B. a CAPITALIST system.
Added 11/3/2013 8:34:38 AM
This answer has been confirmed as correct and helpful.
Confirmed by selymi [7/6/2015 1:44:36 AM]
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The Articles of Confederation included which of the following? A. policies about the western territories B. provisions for the Senate and a House of Representatives C. balance of power provisions D. strong central government
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The Articles of Confederation included balance of power provisions.
Added 8/31/2015 4:13:55 AM
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What term describes thin, magnetic, flexible disks enclosed in square plastic cases that are used to store files from computers? A. CD-ROM B. DVD-ROM C. Floppy Disk D. USB key
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Floppy disk describes thin, magnetic, flexible disks enclosed in square plastic cases that are used to store files from computers.
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