Answer:
The more fundamental reason I believe capitalism is speculative and inherently unstable is that the money on which it is based is speculative as well. Contrary to what socialists claim, capitalism, with all of its flaws, is the preferred economic system for lifting the masses out of poverty and transforming them into productive citizens in our country and around the world.
Explanation:
Answer: G. Congress passed a law allowing people to claim public land and convert it to private property through homesteading.
Explanation:
The Homestead Act of 1862 by President Lincoln, allowed people to claim up to 160 acres of public land for a small fee and convert it to private property through homesteading provided they stay on the land and take care of it for 5 years.
President Lincoln said the Act was necessary as it would give every American the resources needed to better their lives and such was its popularity that it in force for 124 years until it was repealed in 1976.
Following the passing of the Act, a lot of people sought to take advantage of it and moved to new areas in the Great Plains to set up homesteads which led to the rapid settlement that occurred there.
Answer:Some reasons for South Korea's economic success are electronics, automobiles, telecommunications, shipbuilding, chemicals and steel. The reason for the recent downturn is because, South Korea has an export driven economy so the trade-war going on between Beijing and Washington is negatively affecting the electronic and telecommunication industry which is were most of South Korea's economic stability came from. Right now, South Korea is facing one of its worst two year growth periods in more than half a century
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