The correct answers are A and B.
<em>Free trade</em> seeks to eliminate barriers to imports and promote international trade. Yet it can be more than dangerous to the environment. The main concern is the lowering of national environmental standards in order to export more goods. With free trade, large amount of goods are transported every day which contributes to the rise of the carbon footprint of transportation. Increased production on agricultural farms means more pesticide use and more consumption of energy, all harmful to the environment.
<em>Trade barriers </em>can have a negative effect on the developing world ( overproduction and dumping ) but they do help 'infant industries'. Protective tariffs and trade barriers protect brand-new industries from foreign and national competition. This gives the new companies a bit more time to establish their position on the market.
Capitalism: is an economic system in which the factors of production are privately owned and money is invested in business ventures to make a profit.
(Basically Capitalism referred to people who believed that the government should not interfere with businesses)
Socialism: the factors of production are owned by the public and operate for the welfare of all.
The main difference between the two was that in capitalism, business owners wanted to run everything themselves. They didn't want help from the government at all. Socialism was when the people wanted "some government" involved within the businesses. In summary, the main difference is the amount of government that was allowed to take over in a business.
The British Invasion was a cultural phenomenon of the mid-1960s, when rock and pop music acts from the United Kingdom and other aspects of British culture became popular in the United States and significant to the rising "counterculture" on both sides of the Atlant
