Answer:
False
Explanation:
The global economies that can exist in a country are divided into three:
a. Pure market ( free market economy
b. Command economy
c. Mixed economy which consists of both the pure market and command economy).
The pure market( free market ) economy is also referred to as the economy that has capitalism present in it.
Pure market economy is the economy practised by a country whereby owners of businesses can make their own decisions independent of the government. The government has no influence on the running of the firms or the value been placed in the products the firm produces. In a pure market economy, goods and services are exchanged voluntarily. Buying and Selling of goods and services are carried out in a competitive markets.
The raw materials or resources needed, are given to firms with high prices and a high production capacity that meets the needs of the country.
Pure market economy is not regulated by the government and it occurs in Democratic governments.
Not all global economies practise the pure market economy. An example of a country or global economy that practises the pure market economy is the United States of America.
The two main factor that aided America's victory in the Revolution was the distance between Britain and American and support from the French. Since the war was fought in America, the Americans were on home soil and knew it better. It also meant that the British would have to travel across the Atlantic and retreat back for supplies and more men, which was quite inconvenient. However, the main reason for the victory was France's naval assistance and aid towards the end of the war. The British had one of the best navies at the time, it wasn't until the French helped out and assisted in the war that America was able to gain victory.
The three-fifths compromise is that A slave would count as three-fifths of a person when paying taxes. Option B is the answer.
<h3>What is Compromise agreement?</h3>
Compromise agreement was done between delegates from different state in 1787.
This is done between the Northern and the Southern states of the United States. The agreement is that three-fifths of the slave that were present in the country will be included in computing tax.
Therefore, The three-fifths compromise is that A slave would count as three-fifths of a person when paying taxes.
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Its C. Allowed Midwestern families to raise and maintain production
because it was an aid that helped to push production into the Industrial period.
Eugene V. Debs discusses how socialists in the US strive for financial and social equality among all US citizens. Debs describes how American society can be extremely unfair, as some individuals are born into wealthy families and never have to work a day in their life while other individuals work extremely hard their entire lives just to survive.
This is why Debs, and socialists in the US in general, strive for a system in which the government has more control of the means of production and the economy in general. Debs argues that all things in the US are jointly used and that it only makes sense for the government to be involved in making sure these resources are spread out equally to citizens.
