The correct answer to this open question is the following.
The type of economy that this statement describes is Capitalism.
In Capitalism, individuals own businesses and freely choose what to buy and sell in free markets with little government interference.
Just to make a comparison, in Socialism, the state is the owner of the means of production and they establish what to produce, when to produce it, at what price, and the salary of the workers.
That is not the case in Capitalism, where people can invest their money to make a profit and the harder they work, the better their results.
Capitalism operates in a free market, where there can be as many competitors as they can enter, and consumers have many elections to choose from.
Answer: B.)The pacific ocean was far wider than she have anticipated
Explanatio
I believe that the best answer would be the last one
Answer:
the aggregate impacts of specialization on the economy are massive.
Explanation:
the division of labor allows individual and firms to specialize and to produce more for several reasons.
Answer:
A multimedia presentation differs from a normal presentation in that it contains some form of animation or media. Typically a multimedia presentation<em> contains at least one of the following elements: Video or movie clip</em>
Explanation:
Multimedia is <u>content that uses a combination of different content forms such as text, audio, images, animations, video and interactive content</u>. Multimedia contrasts with media that use only rudimentary computer displays such as text-only or traditional forms of printed or hand-produced material.
