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wariber [46]
3 years ago
10

In a short paragraph, define the term economic systems. Then give two examples of different types of economic systems. Then, giv

e at least 2 similarities and/or differences between the economic systems you chose.
History
1 answer:
user100 [1]3 years ago
8 0

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.

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What Era do you think would include the Nation splitting up into the north and south and Texas fighting for the Southern side?
Varvara68 [4.7K]

Answer:

exas declared its secession from the Union on February 1, 1861, and joined the Confederate States on March 2, 1861, after it had replaced its governor, Sam Houston, who had refused to take an oath of allegiance to the Confederacy. As with those of other states, the Declaration of Secession was not recognized by the US government at Washington, DC. Some Texan military units fought in the Civil War east of the Mississippi River, but Texas was more useful for supplying soldiers and horses for the Confederate Army. Texas's supply role lasted until mid-1863, when Union gunboats started to control the Mississippi River, which prevented large transfers of men, horses, or cattle. Some cotton was sold in Mexico, but most of the crop became useless because of the Union's naval blockade of Galveston, Houston, and other ports.

Explanation:

I HOPE THIS HELPS!!! :))

6 0
3 years ago
Juan needs to choose a book for a report on Alaskan wildlife. He searches the library catalog database to find books. The librar
Pavel [41]

Answer:

Answer ( read below )

Explanation:

B: Animals Of Alaska since he wants to learn about the wildlife so Animals clearly will have something to do with it

7 0
3 years ago
How did thomas jefferson react to shays's rebellion?
Darya [45]
Jefferson actually wrote to Madison that "a little rebellion every know and then wasn't a bad thing". Jefferson saw rebellions as a way to keep governments on their toes. Small rebellions were good in that they would keep the government honest. They would need to address what caused the rebellion and hopefully make the government better. 
6 0
3 years ago
Why did it benefit Germany to form alliances that isolated France?
harkovskaia [24]
I believe this is the answer:
It was feared that France would get allies (particularly Russian ones) so in order to prevent that Germany became Allies with 2 other countries to isolate France. This allowed Bismark, who had the idea, to continue with his plans.
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8 0
3 years ago
What is the main part of history and how it did happen​
Yuki888 [10]

Answer:

Ancient history as a term refers to the aggregate of past events[1] from the beginning of writing and recorded human history and extending as far as the post-classical history. The phrase may be used either to refer to the period of time or the academic discipline.

Explanation:

5 0
3 years ago
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