The technological and industrial history of the United States describes the United States' emergence as one of the most technologically advanced nations in the world. The availability of land and literate labor, the absence of a landed aristocracy, the prestige of entrepreneurship, the diversity of climate and a large easily accessed upscale and literate free market all contributed to America's rapid industrialization. The availability of capital, development by the free market of navigable rivers, and coastal waterways, and the abundance of natural resources facilitated the cheap extraction of energy all contributed to America's rapid industrialization
The answer is most likely c.
4. Jawaharlal Nehru is elected prime minister
1. A conflict breaks out at the Sikh Golden Temple
3. India gain independence
2. Indira Gandhi is assassinated
Opportunity cost refers to what you have to give up to buy what you want in terms of other goods or services. When economists use the word “cost,” we usually mean opportunity cost.
Answer:
A)government planning to command the economy
Explanation:
The Marxist economy is based on one of the Karl Marx principles that affirmed that, in the production of goods and services, the capitalists are only out there to enrich themselves rather than compensate the workers for the value they produced.
Hence, he argued against the private sector or private ownership but favors the means of production to be controlled by the working class or government ownership.
Therefore, in this case, the correct answer is option A. government planning to command the economy
