Private Property:
In this economy private property is allowed. All means of production like machines, implements, mines and factories etc. come under private property.
(ii) Price Mechanism:
Capitalist economy is gained by price mechanism. Here prices are determined by the interaction of demand and supply without the interference of any kind by the government or any other external forces.
(iii) Freedom of Enterprise:
In this system every individual is independent to his means of production in any occupation that one likes.
(iv) Sovereignty of that consumer:
Under this system, consumer plays the most vital role. The entire production pattern is based on the desires, wishes and the demand of the consumer.
(v) Profit Motive:
The maximisation of profit is the main motive of the producer. Profit guides the production in this type of economy.
(vi) No Government Interference:
Under capitalistic system, government does not interfere in day-to-day economic activities. This means producers and consumers are free to take decisions.
(vii) Democratic:
The capitalistic system is more democratic in comparison to other economic systems as there are more changes to chancel according to new environments of the economy.
(viii) Self-Interest:
The inspiring force in this system is self-interest. It leads to hard work and to earn maximum income by satisfying their consumers.
Muslims view Jesus as prophet, or messenger of god, as opposed to Christians believing he is the son of god. What this suggests about the Islamic faith is that they believe strongly in the oneness and supremeness of god and do not associate any partners with god.
Answer:
Giant Weta.
Native to New Zealand, female giant wetas full of eggs can weigh up to two and a half ounces. That is heavier than some bird species. Though these insects resemble a giant cricket, giant weta cannot jump due to their size. Giant weta has been around for nearly 190 million years, making them older than some dinosaurs!
Answer: The Cold War, the open but confined competition that formed between the United States and the Soviet Union and their respective allies after World War II. On diplomatic, technological, and propaganda lines, the Cold War was fought and had only limited recourse to arms. The concept was first used in an essay written in 1945 by the English writer George Orwell to refer to what he predicted would be a nuclear stalemate between "two or three monstrous super-states, each with a weapon that could wipe out millions of people in a few seconds." In a speech at the State House in Columbia, South Carolina, in 1947, the American financial and presidential advisor Bernard Baruch first used it in the United States.
Explanation:
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