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Alecsey [184]
3 years ago
12

In four to six sentences, describe how providing copyrights and patents can help an economy to grow.

Social Studies
1 answer:
olga2289 [7]3 years ago
4 0
Copyrights and patents help to guarantee that a person, if his/her idea is successful, will profit from ownership of that idea. Property of this kind is called intellectual property. This guarantee of ownership of your idea, and the profits generated from it, creates a larger incentive to innovate. Innovation, and the technological advancements that come from it, is the greatest long-term driver of economic growth. <span />
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In contrast to a capitalist society, how does a person’s income function in a socialist society?
Novay_Z [31]
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5 0
3 years ago
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zhuklara [117]

Answer:

Listens to both parties and comes to a decision both of them will agree on.

Explanation:

It is a binding process, which means the parties won't have to proceed to court. The arbitrator is generally a retired judge but it is typical for both parties to choose an arbitrator and then both of those arbitrators choose a third arbitrator.

Every decision is made through a majority vote.

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djyliett [7]

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Having someone else test the dogs

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