Answer:
False
Explanation:
The characteristic of a capitalist economy is private ownership of businesses and means of production. It depends on free market for income prices and distribution of goods. while a socialist economy is characterised by government intervention for allocating the resources among its populations, prices are determined by the government.
Most of the countries today are mixed economies in which features of both capitalist and socialist economies are utilised as pure free market economies are prone to slowdowns, such a slowdown started in October 1929 in US. After that US government started to intervene in economic activities to achieve social aims. Mixed economies maintain private ownership and control of the means of production under government regulation, some industries are also under government control to produce public goods.
<em>US is a mixed economy.</em>
The correct option is "Andrew Jackson favored a strong nationalistic foreign policy along with the belief that states should be reponsible for internal solutions."
Andrew Jackson was an American statesman, seventh president of the United States (1829-1837). Jackson was born at the end of the colonial era somewhere on the unmarked border of North Carolina and South Carolina. He came from a newly emigrated Scottish and Irish middle-income family. During the War of Independence of the United States, he served as a messenger to the revolutionaries. At the age of 13 he was captured and mistreated by the English, which makes him the only American president who has been a prisoner of war. Later he became a lawyer. He was also elected to the congressional office, first to the House of Representatives and twice to the Senate.
As president, Jackson faced the threat of secession from South Carolina by the "Abomination Rate" law, which had been passed by the Adams administration. In contrast to several of his immediate successors, he denied the state the right to secede from the Union and the right to nullify a federal law. The nullification crisis subsided when the law was changed and Jackson threatened South Carolina with military action if the state (or any other state) tried to secede.
In anticipation of the 1832 elections, the Congress, led by Henry Clay, attempted to reauthorize the Second Bank of the United States four years before its title expired. Keeping his word to decentralize the economy, Jackson vetoed the renewal of the title, something that jeopardized his re-election. But in explaining his decision as an ombudsman against rich bankers, he could easily defeat Clay in the election that year. He could effectively dismantle the bank by the time his title was won in 1836. His struggles with Congress were embodied in the personal rivalry he had with Clay, who was of Jackson's displeasure and who ran the opposition from the newly created Whig Party. The presidency of Jackson marked the beginning of the ascendancy of the "spoil system" in American politics. He is also known for having signed the "Indian Removal Act" law that relocated a number of native tribes to the southern region of Indian territory (today, Oklahoma). Jackson supported the successful campaign of his vice president Martin Van Buren for the presidency in 1836. He worked to empower the Democratic Party and helped his friend James K. Polk to win the 1844 election.
It says that London and Africa are the places of darkness.
The answer is C - Bengaluru (aka Bangalore)
they use expansionary polices because it increases the level of aggregate demand,
