Answer:
An economic system is an organizational system of the resources and production of a given territory, generally a country. In other words, it is the method by which the economic production of a country and the benefits it produces are organized, regulated and distributed.
The two best-known economic systems today are capitalism and socialism. In the first of these, production is regulated through free competition and little or no state regulation, while in the second, state participation occupies a large part of the country's production.
There are marked differences between the two economic systems: for example, capitalism seeks capital investment through low taxes, and strictly respects private property; while socialism seeks high taxes for a further redistribution of economic capacity, and property rights yield to the common welfare.
Groundwater
Sorry if my answer is wrong:)
Indentured service was intended to last for a set period of time, such as seven years. In the hostile surroundings, English people didn't endure very long.
Portuguese attempts to enslave Native Americans on the Caribbean Islands they 'found' failed as well. The Portuguese quickly discovered that the locals in what is now Ghana were even more eager to give them with slaves than gold since they had built the castle of "St George of the Mine" there a few years earlier.
<h3>What is best defines as indentured servant?</h3>
Indentured servitude refers to a contract between two individuals, in which one person worked not for money but to repay an indenture, or loan, within a set time period.
<h3>What distinguishes indentured servitude from slavery?</h3>
While indentured servants work for a predetermined number of years, slavery was a lifetime of forced labor. Indentured service was not a status that could be inherited like slavery. The contracts of indentured slaves could be purchased and sold, but the individuals themselves could not because they were regarded to be property.
Learn more about system of slavery:
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Answer:
the bartering of goods for each other
Answer:
Fort Duquesne
Explanation:
Fort Duquesne was the location for the scene of fighting that led to the start of the French and Indian War.
The British went on the offensive on September 1758 which led to the loss of lives on both sides even though the attack was unsuccessful. It later came to be called The Battle of Fort Duquesne.
