In a free-market system, decisions are made by thousands of people who have information about resources, production technology and consumer desires.
A free-market system refers to an economic system in which there is no role of government, and the production and distribution of resources are determined by the market forces of demand and supply.
The market forces decide all the aspects of the economy, from what and how to produce, to the prices of products. When particular goods are in high demand, the production of those goods will increase, and if supply does not keep up with demand, the prices of the goods are bound to rise.
It is a spontaneous and decentralized market, in which individuals - as opposed to public agencies- make economic decisions. This is possible when the masses have information about resources, production technology and consumer desires.
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Answer:
d. The role has gained power and relevance in recent decades.
Explanation:
The vice president now serves on a nuclear council, something extremely relevant and unthinkable in the past. This shows that the role of the vice president has gained greater prominence today compared to the past. This is indeed important since the vice president is the direct successor of the president in case of removal from the president. In choosing its president, the population should also seek to know what the vice president thinks.
Answer:
Denmark (April 1940), Norway (April 1940), Belgium (May 1940), the Netherlands (May 1940), Luxembourg (May 1940), France (May 1940)
Explanation:
The answer is like the second choice, “Africa’s river systems made it easy for Europeans to reach the the African interior”. We can determine this is correct by cancelling out the other options.
1- yes, Africa WAS rich in natural resources, but the Europeans did not care much for that. They had come to Africa for trade and slaves.
3- similar to A, the Europeans weren’t there because they were running out of space, yes they did conquer and claim lands in Africa, but the purpose of them being there was goods.
4- a lot like C, but not very relevant at all, especially since at this time the Europeans who were traveling definitely did not farm, they wanted their goods already prepared.
Since the other options have been ruled out, I will explain 2 a little bit. Obviously, the Europeans had sailed to Africa. At first the remained on the edges of it, taking over ports and just sailing along picking up slaves and continuing west. A good example of an African river used by the Europeans is the Congo River. It branches out throughout all of Congo and it’s historical importance is that an explorer named Henry Morton Stanley used it to continue into Africa. Though he may not sound familiar, we’ve all heard the phrase “Doctor Livingstone, I presume”. It was Stanley who said this once meeting with him.
