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3 years ago

How does capitalism differ from socialism when it comes to the ownership of property?

2 answers:

8 0

Ownership. In a capitalist economy, property and businesses are owned and controlled by individuals. In a socialist economy, the state owns and controls the major means of production. In some socialist economic models, worker cooperatives have primacy over production

tiny-mole [99]3 years ago

7 0

For anyone who still needs this, here's my answer from Edge:

Capitalism is built on the respect of private property, meaning that the government cannot control what people buy with their obtained wealth. In socialism, however, the government has more control over the economy. Property like business buildings may be owned and ran by the government rather than a single individual.

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Bob's electronics company has quite a buzz around a new television they're launching, called UltraView1000. This television is e

Elan Coil [88]

Answer:

Bob’s ad will appear if search terms contain at least all three of the keywords or variations of those terms.

Explanation:

Bob’s ad will appear if search terms contain at least all three of the keywords or variations of those terms.: Adding a + sign in front of a keyword turns it into a broad match modifier. This prompts your ads to appear only if the keyword or its close variations are in any part of the search terms.

If Bob uses the broad match modifier keywords “television,” “accessible,” and “voice.” His ads will appear for people searching for any combination of these terms in a search (and possibly including additional terms). However, the ads won’t appear if any one of these keywords aren’t in the search term.

7 0

3 years ago

Carol and leslie enter into a contract stating that carol will pay leslie $650 per month for the next 20 years. carol will live

igomit [66]

They are in Installment Sales Contract.

<h3>What is an Installment Sales contract?</h3>

Any contract or agreement, including a contract for deed, bond for deed, or any other sale or legal device whereby a seller agrees to sell and the buyer agrees to buy residential real estate, in which the consideration for the sale is payable in installments for a period of at least one year after the date of sale, and the seller retains an interest or security for the purchase price or otherwise in the property, is referred to as an "installment sales contract" or simply as "contract."

Revenue recognition using the installment sales technique is postponed until the sale's cash is received. Because revenue is not immediately recognized at the moment of sale, the installment sales method is a conservative way to recognize revenue.

Only when partial ownership is transferred at the time of sale is the installment sales technique used. The technique is also applied when there is some doubt regarding the amount that will be collected (therefore, it would be inappropriate to recognize all revenue at the time of sale).

Therefore, Carol and Leslie are in Installment Sales Contract.

For more information on Installment Sales Contract, refer to the given link:

brainly.com/question/24178410

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8 0

2 years ago

Using the interest method, the journal entry to record the first interest payment and the related amortization for bonds issued

slavikrds [6]

A. Debit; Premium on Bonds Payable

6 0

3 years ago

After the death of her husband, Gina Baker, 35, received a check for $350,000 from a life insurance company. Gina has two small

seraphim [82]

Most likely Her kids I suppose

8 0

3 years ago

Read 2 more answers

Jane is a very intelligent graduate of FIN 3601. As such, she knows she should will start contributing into her company's retire

labwork [276]

Answer:

The amount that Jane will have in her retirement account 30 years from now is $943,650.37.

Explanation:

Jane’s monthly savings = $250

Amount added monthly by Jane’s firm = Jane’s monthly savings * Amount added by Jane’s firm for every dollar = $250 * $0.50 = $125

Total monthly savings to Jane’s 401(k) = Jane’s monthly savings + Amount added monthly by Jane’s firm = $250 + 125 = $375

Since Jane decides to allocate $250 at the end of each month into her 401(k), this implies the relevant formula to use to calculate the amount Jane will have in her retirement account 30 years from now is the formula for calculating the Future Value (FV) of an Ordinary Annuity as follows:

FV = M * (((1 + r)^n - 1) / r) ................................. (1)

Where,

FV = Future value or the amount that Jane will have in her retirement account 30 years from now = ?

M = Total monthly savings to Jane’s 401(k) = $375

r = Average monthly interest rate = Average annual interest rate / 12 = 10.50% / 12 = 0.1050 / 12 = 0.00875

n = number of months = number of years * number of months in a year = 30 * 12 = 360

Substituting the values into equation (1), we have:

FV = $375 * (((1 +0.00875r)^360 - 1) / 0.00875) = $375 * 2,516.40 = $943,650.37

Therefore, the amount that Jane will have in her retirement account 30 years from now is $943,650.37.

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3 years ago