The development of the human population as a civilization is directly associated with the development of food production techniques.
In the past, the civilization of hunters and gatherers lived from these practices. In the development of mankind, subsistence agriculture has emerged. Food production held people to cultivated land and pastures, giving rise to small permanent communities.
Since the division of labor began, several sectors have been improving, mainly agriculture. In this context, the first signs of trade arise, through barter - exchange of one commodity for another.
Until then, the world population was controlled by limitations in production. In the context of the development of commerce the first coins and the first studies on the economy appeared in Adam Smith, Tomas Mautus and David Ricardo.
Mautus had a pessimistic theory in which the population would grow in geometric progression while food production would grow in arithmetic production, which would cause many to starve. Already Ricardo and Smith elaborated theories on the surplus of the earth and on the commerce.
Unlike Mautus' predictions, the development of agricultural technologies, associated with the development of trade, was a watershed. It promoted the increase of the population and consequently the human and technological development, allowing the emergence of Industrial Revolutions until the present day.
Answer: Let's start with a definitive description of each.
Capitalism: is a free market economy, where goods and services are produced by private firms. The goods produced are determined by market forces of Demand and Supply.
Socialism: is an economy where each member of the public owns an equal fraction of the means by which goods and services are produced. The goods produced here are determined by the government.
Explanation: I am going to list some of the Advantages and Disadvantages of each so that you can pick the advantages of the system you are supporting and the disadvantages of the other system in your essay.
Capitalism
Advantages:
- It ensures that only the goods needed are produced as the market is controlled by demand and supply.
- It encourages innovation and personal development as better skills and products lead to higher income.
Disadvantages
- It can neglect to produce necessary goods in the economy when focus is only on goods that give the highest return.
- It leads to inequality between the people in an economy.
Socialism
Advantages:
- It leads to equality, people enjoy equal standards of living
- It corrects market problems such as monopolies, price fixing and cartels.
Disadvantages:
- There is an absence of innovation due to lack of competition, so there is no drive to improve on the current goods, services or methods of production.
- It leads to bureaucratic bottleneck as decisions usually have to be taken by several government officials in a bid to ensure that rules are followed.
The answer is
C - U.S. District Court
Movement, Region, Human-Environment Interaction, Location, Place.
Also a mnemonic that I learned today was MR HELP (weird i know) but yeah.
Answer:
they can check but can also agree to it, again Supreme Court Has a final say in lawmaking
