Answer: Capitalism- economic system in which the factors of production are privately owned and money is invested.
Socialism- factors of production are owned by the public (government) and operate for the welfare of all the people.
Explanation:
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Create favorable international environment for its economic growth
Answer:
The appropriate answer will be "Jacobins and the Conservatives".
Explanation:
The French Revolution took place around 1789 - 1799. Although all the other organizations were already on the democratic route, two weren't really. It was the Jacobians as well as the conservatives.
- The conservatives would believe that perhaps the strongest should be retained which only progressive reforms should be rejected.
- The conservatives hated the Jacobians, there represented the peasants' class, although while they remained struggling for certain rights, they could not side towards the conservatives.
A. Create a product and charge whatever you want.
Capitalism is the only politico-economic system based on the doctrine of individual rights. This means that capitalism recognizes that each and every person is the owner of his own life, and has the right to live his life in any manner he chooses as long as he does not violate the rights of others.
