Answer and Explanation:
Capitalism is a type of economic system in which private parties or individuals own businesses within a country in contrast with command economy in which the government controls the capital goods. Therefore, in a capitalist economy, the goods and services move "freely" as the government is not in charge.
A country would be defined as a capitalist nation if the products and services are owned and moved by private entities. Capitalist countries are generally characterized by innovation that is fueled by competition.
For instance, the United Kingdom is considered to be mostly capitalistic because the government does not own businesses, the factors of production are owned by individuals.
Answer:
The correct answer is C. Ideas regarding underdevelopment were popularized by President Truman in his 1949 inaugural address. He stated that nations in the Southern Hemisphere were "underdeveloped areas" because of their low gross national product.
Explanation:
Truman was born into a Missouri family of farmers and had no opportunity to study at university. He worked as a farmer for several years and then participated in the First World War as a reserve officer in the artillery. He served for a time on the French front. After being a partner in a clothing business in 1919-1922, Truman began his political career as a local politician, with the support of the influential Pendergast family. In 1934 he was elected to the United States Senate but was met by suspicions from the Roosevelt administration because of his association with Pendergast. He was nominated as Vice Presidential candidate in 1944 and took up the post on January 20, 1945, following the Democrats' victory in the 1944 presidential election, after Roosevelt's death. He was reelected by a surprising victory in the 1948 presidential election.
Truman did not run for re-election in the 1952 presidential election. He was succeeded as president by Republican Dwight D. Eisenhower, who defeated Democratic candidate Adlai Stevenson. Truman had low popularity from time to time during his tenure and was heavily employed by political opponents, but today his views on his presidency are more positive and he is considered one of the country's top ten presidents.
Answer:
This encounter may have been challenging for both sides because of possible language barriers between the two groups, as well as differing opinions on the worth of certain objects, like how the English may have attempted to trade with their own currency, which would've been useless to the Powhatan Indians.
Explanation:
(I didn't really look it up but I'm pretty sure this is correct)
SPI charges $8.00 as its selling price, and Wholesale Supply adds 20% to that.
<h3>
What do you mean by supply at wholesale prices?</h3>
The majority of exchange rates are characterized as floating, meaning that they fluctuate up or down depending on market supply and demand.
The term "wholesale price" describes the price at which retailers would purchase their goods from a wholesaler if they were to purchase in large quantities.
"Wholesale price" also refers to the cost distributors pay manufacturers to buy their goods in bulk, as was before explained because wholesalers can also be distributors.
Retail prices that a store would establish for its customers are always less expensive at the wholesale level. In order to turn a profit on the final sale, firms markup the wholesale price.
Because of the volume of products they purchase, manufacturers or distributors can set their wholesale prices at a lower rate. By doing this, the effort and expense are reduced.
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