Answer:
True
Explanation:
Given that Capitalism is a term that is used to describe a form of the socio-economic and political system of a country, in terms of commerce and industry, whereby individuals or the people are the major driver and determinants of their business's profit, instead of being controlled by the state.
Hence, it is TRUE that Capitalism is the economic system of the United States and is also referred to as free enterprise. With capitalism individuals and businesses make decisions
In the 1500s, a complex change community connected Europe, Africa, and Asia. a good deal of this change was surpassed via the Arabian Peninsula in the center East. Ships from China and India brought their cargoes of spices, silks, and gemstones to ports at the purple Sea.
The trade routes of ancient Africa played a crucial position within the financial system of many African Empires. items from Western and important Africa have been traded to far-flung locations like Europe, the center East, and India. the principal items traded were gold and salt.
The slave exchange had devastating results in Africa. monetary incentives for warlords and tribes to interact inside the slave alternate promoted an ecosystem of lawlessness and. Depopulation and a continuing worry of the captivity made economic and agricultural development almost not possible all through plenty of western Africa.
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He increased the taxes so your answer is A