Ronald Reagan was elected president in 1981.
Electric cars are changing society because they reduce the amount of emissions that contribute to climate change and smog.They also have fewer moving parts than their traditional counterparts, so they need fewer people to assemble them and fewer supply chains for getting the necessary parts. With fewer moving parts, market for spare parts and maintenance will decline.
hope this helped!
I think it’s financial success
Individual initiative determines what will be produced.
It relates to capitalism because capitalism is based on individual initiative and favors market mechanisms over government intervention
