So capitalism has the tendency to allow free trade. Corporations get more power and pay less taxes.
In a socialist economy the economy is controlled by the country. There are corporations but they have to pay more taxes, they can only import or export a certain amount of wares. There are more public institutions in socialist countries whereas institutions tend to be private in capitalist countries.
Let me make an example: Tunisia has a socialist economy because every barber has to charge you 4$ for their job. No more, no less^^ Why? Because the country decides how much a barber should charge. That means there is less competition and every barber gets paid equally for their job.
The Taft-Hartley Act progressed toward becoming law in spite of President Harry Truman's (1945–1953) veto. Otherwise called the Labor-Management Relations Act, it passed Congress in 1947 and set up rules to redress unions' uncalled for work hones. Taft-Hartley did a few things to manage work hones in the United States.
Answer:1. the cotton king failed because before the war the britain had stocked too much in fiber.
2.) spread throughout the south
3.)Sarah lee corp owns it
Explanation:
#17 is continuing to pursue detente
#18 is stimulate the economy (if its an option)
Answer:
Explanation:
The key factors explaining Africa's disadvantage at the firm level are lack of infrastructure, access to finance, and political competition.