Answer:
For free market economy, we can explain it in 3 expects. First, because households are the 'owners' of productive resources, firms have to pay them for their resources in the resource market, they can produce everything they want, the type and amount of products are determined by every individual firms, but they should produce the goods and service that other companies or household want, and can make the maximum profits, more profits, more motive for the producers. Prices are determined by householders.
While For the centrally planned economy, (it is also called command economy), all the resources (land, labour and capital) in the market are allocated by government, and it makes all the productive decisions, including price determination, so, the centrally planned economy is a government-controlled economic situation. First, a centrally planned economy may choose to produce whatever the government decides is most crucial to meeting society's needs, the government should provide services and goods that can cater to the people's need. Like in the 19th and 20th centuries period, in China, Mao Zedong realized that China is under a low level of heavy industry, so he decided to develop it first, then the light industry, this decision is sensible and realistic.
He trained rats in the correct route through a maze,then deliberately damaged their brains and observed that this did not inhibit their progress through the maze.
Space race was a race for world powers to reach space ahead of everyone else. The space race consisted with The U.S. and The U.S.S.R reaching space. Ultimately, The U.S.S.R won, but the U.S won by landing on the moon.
Answer:
When the cold war happened the domino theory came true;indochina became communist which proved the domino theory.Proxy wars are interventions in which a foreign state supports another place indirectly with a lot less support than direct intervention.There were many proxy wars that happened during the cold war for example when the USA supports a cold war based proxy war were the russian were attacking democratic based afghanistan and the afghanistans were getting support of democrats. The russians killed the president and put a russian loyal person in the afghanistan government.
Answer:
The Constitution established a Federal democratic republic. It is the system of the Federal Government; it is democratic because the people govern themselves; and it is a republic because the Government's power is derived from its people.
