<span>Mongolia is doing well as whole. As a matter of fact, Mongolia was richer than China before 1980s. The problem came where the USSR collapsed which Mongolia had a lot of trade with. It took them over 15 years to recover. Now their biggest trading partner is China</span>
Yes, if everyone voted on economic decisions rather than letting markets decide them, then it could be considered a socialist direct democracy
Direct democracy : a condition in which the people are directly involved in the Governance
Socialist : a condition in which a country's resource are controlled by social community and also for their own benefit
hope this helps
The term is venture capital.
It is provided by banks or investors in return for equity in the emerging business that they
are assisting. It is an investment that
pays for itself after the seeding fund stage .
It also creates networks for the new business to further their growth.
HELOT is <span>the Spartan name for a captive worker</span>
