Answer:
They engaged in welfare capitalism to encourage employees to socialize."
Explanation:
<u>Effects of laissez-faire capitalism:</u>
- Laissez-faire capitalism allows companies to compete freely with each other in an open marketplace.
- Without costs of government regulation, businesses can grow faster.
- This leads to price increases for the consumer and the lack of diversification in the marketplace.
- Without restrictions from the government, there is more incentive for innovation, and technological advances can take place.
- This can result in a large wealth gap in a society with a few very rich people in control of the majority of the economy's wealth.
- Capitalism (or laissez faire) feeds and clothes and houses more people at higher levels than any other system.
- Workers have more rights, and have a comfortable work environment.
- Lots of government involvement and regulation raises cost and slows growth.
Answer:
Hey!
Explanation:
Definition of collective farm : a farm especially in a Communist country formed from many small holdings collected into a single unit for joint operation under governmental supervision
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Answer:
No, it is not. Genocide may be worse than bombing a Red Cross hospital, but none the less, these are still great atrocities.
The African Nation that has been independent is Ethiopia.
