Well, capitalism is not always a free-market economy.
A typical capitalism is a free-market economy, which means that the market itself (buyer and sellers) can decide the prizes and terms of services.
In capitalism, the capital is privately, and not state owned. But capitalism can also come in other forms: of social democracy with partially free market, and with other forms which include corporations having controls over the market.
Answer:
They provide a habitat for fish, frogs and other animals.
Answer:
manu's father is 24 years younger than manu's grandfather and 30 years older than him. The sum of ages of all the three persons is 144 years. find the age of each of him.
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-How is society originated?
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-the society originated in the subjugation of the weaker by the stronger. Thus through physical coercion or compulsion men were brought together and made to live in society. The Patriarchal and Matriarchal theories make society the expansion of family system.
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Answer:
Option (B) is correct.
Explanation:
Economic growth is defined as an increase in the production or output of goods and services in an economy from one period to another period. According to the principle of diminishing returns to capital, if more capital employed in the production of certain goods and services and other factors of production remains the same then as a result per unit of output goes on diminishing.
Hence, this change in the production level slows down the economic growth or even stop the economic growth of a nation.