Though the profits accrue to the local capitalists,a system of nationally controlled production still depends on __________.

Question

Quizplus · Accepted Answer

A system of nationally controlled production still depends on foreign markets because the goods produced need to be sold to generate profits. Without access to foreign markets, the economy would not be sustainable in the long run. While the local population and peasants play a role in production, they alone cannot sustain the economy. Government officials may play a role in regulating the economy, but they do not directly impact the need for foreign markets in the production process.

Though the Profits Accrue to the Local Capitalists,a System of Nationally