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The system defined is a capital-intensive production system.
Producing requires the combination of the so-called factors of production: land, labor and capital. When production relies, in a higher proportion, on capital accumulation and the usage of machines in large production plants, rather than on human force, it is a capital-intensive production system.
<em>If, on the other hand, production relied, in a higher proportion, on an extense labor force it would be a labor-intensive production system. </em>
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Haiti instituted universal suffrage in 1950, but most of its elections have been marred by ballot tampering. Its constitution was approved by referendum in 1987 but not actually put into effect until 1995, during Jean-Bertrand Aristide’s presidency. Further amendments were approved by the parliament in 2011 and took effect the following year. The constitution, which incorporates features of the U.S. and French constitutions, provides for a president who is both head of state and the country’s main power holder. The president is directly elected to a five-year term and may stand for reelection to a second, nonconsecutive term. The head of government is the prime minister, appointed by the president from among the parliamentary members of the majority political party. The bicameral parliament consists of a Senate and a Chamber of Deputies. Senators are elected for six-year terms and deputies for four.
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The Great Depression, it wasn't that great though.
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The theory explained that the Constitution was a contract between independent states. The South felt the Union had broken the contract and had the right to secede.
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