<span>A centrally planned economy oppose these basic economic characteristics- Property owned by private individuals, Market pricing determination by supply and demand forces, encouragement of competition among the companies and providing a wide range of choice to consumer. Therefore, a centrally planned economy believes in restricted type of economy which is mostly governed by government.</span>
Answer:
The economic continuum goes from a command, planned economy on the extreme left side, to a fully free market economy on the extreme right side, and various combinations of both in the middle.
China: China is in part a command economy, because the state still has prevalence in some key sectors, for example, in banking. However, it also has many aspects of a free enterprise system. Its position is slightly to the left.
Japan: Japan is an economy that is freer than the world-average. Private firms dominante the economy. Its position is comfortably on the right side of the continuum.
North Korea: North Korea is the least free economy in the world. It is a planned, command economy where private property basically does not exist. Its position is on the extreme left.
India: India is freer than China, but less free than Japan. It used to be a very planned economy, but has been liberalizing many sectors. Its position is slightly to the right.
Answer:
Shays’ Rebellion demonstrated the high degree of internal conflict lurking beneath the surface of post-Revolutionary life as for why they were mad was because the state government was making farmers pay high taxes. If they could not pay these taxes, they would be thrown in jail, and they could lose their farms. They asked the government to stop.
Explanation:
<span>It was a financially sound move, It expanded our military presence in the world, and It expanded our social and political presence in the world. </span>
The main reason why america was reluctant to confront fascism and nazism were:
The horrendous memory of ww2 was still fresh and every effort was for avoidance of war.
There was widespread in difference to jewish persecution.
The american population was multi ethinc posing significant challenges to any action that would be taken.
