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capitalism capitalism is based on private ownership of the means of production and Allen individual economic freedom most of the means.
The Contiental Congress did not have the ability to tax, therefore it was hard to raise money. (The government was not able to tax because the people were very afraid of being taxed harshly like how it was before the colonies broke away from Britain and King James.)
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Technology has deeply affected the global economy and its usage has been linked to marketplace transformation, improved living standards and more robust international trade. ... Technological advances have significantly improved operations and lowered the cost of doing business.
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What impact did president Hoover's philosophy of government have on the economy? it prompted the government to take a strong stand in favor of helping families. it created barriers between the executive and legislative branches of government so the economy suffered