I believe it is 71 B.C correct me if im wrong
Private Property:
In this economy private property is allowed. All means of production like machines, implements, mines and factories etc. come under private property.
(ii) Price Mechanism:
Capitalist economy is gained by price mechanism. Here prices are determined by the interaction of demand and supply without the interference of any kind by the government or any other external forces.
(iii) Freedom of Enterprise:
In this system every individual is independent to his means of production in any occupation that one likes.
(iv) Sovereignty of that consumer:
Under this system, consumer plays the most vital role. The entire production pattern is based on the desires, wishes and the demand of the consumer.
(v) Profit Motive:
The maximisation of profit is the main motive of the producer. Profit guides the production in this type of economy.
(vi) No Government Interference:
Under capitalistic system, government does not interfere in day-to-day economic activities. This means producers and consumers are free to take decisions.
(vii) Democratic:
The capitalistic system is more democratic in comparison to other economic systems as there are more changes to chancel according to new environments of the economy.
(viii) Self-Interest:
The inspiring force in this system is self-interest. It leads to hard work and to earn maximum income by satisfying their consumers.
Can you be more specific with the question please
The Consultation, also known as the Texian Government, served as the provisional government of Mexican Texas from October 1835 to March 1836 during the Texas Revolution. Within days, the delegates passed a resolution to define why Texians were fighting.
So the answer to this is Organizes National. The state's legislature functions an performs the same kind of duties in the state level, as is performed by the United States Congress at the national level.
Example to make it easier:
- Legislative :the one who create the laws - Executive : the one who impose the laws - Judicature : The one who supervise the laws
Hope this helps you!
