All three are ways of approaching the economic system and how much the government should be involved in that system.
Capitalism involves private ownership of businesses with little to no government interference or regulation. Most countries do not run on laissez-faire capitalism in which there is no gov't regulation. However more run as a blend between capitalism and socialism.
In socialism, the government owns the means of production and sets pricing, wages, quotas, and production. Often managers are government appointed and the workers all receive an equal wage for their work. Cooperation is key to the success of socialism. This is also the step between an overthrow of capitalism to full communism.
In communism, the means of production are owned by the people and the gov't is no longer needed to regulate business and/or wages. It is a complete cooperative state where the workers work for the good of all.
Erasmus was more rational compared to the other reformers during his time.
While others wanted the destruction of the church, Erasmus wanted reform.
Answer:
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Explanation:
The federal government has a statutory obligation to pay 10% of the federal revenue account to local governments. Also, the federal government determines how the local government share of the federation accounts is shared out to them. Additionally, the federal government can give specific grants to local governments for specific services. Hope that helped! ;)
In the year 1838, 16,000 Native Americans were marched over 1,200 miles of rugged land. Over 4,000 of these Indians died of disease, famine, and warfare. The Indian tribe was called the Cherokee and we call this event the Trail of Tears<span>.</span>