Answer:
Explanation:
Toussaint Louverture was a former Haitian slave who led the only successful slave revolt in modern history.
Economic, cultural, and ideological differences were some of the problems unified Germany faced in 1990. Eastern Germany lost a lot of the money during currency conversion. Industrially the east was lacking and did not and could not produce as many products as the west could. Eastern Germany was damaged way more than Western Germany and was repaired at a slower rate than Western Germany. The railroads were not modernized as well as other technologies such as highways, and telephones. Due to the Berlin Wall politically and culturally the Eastern and Western Germans began to do believe and do things differently.
Answer:
K) private ownership and limited government interference.
Explanation:
An economy is a function of how money, means of production and resources (raw materials) are carefully used to facilitate the demands and supply of goods and services to meet the unending needs or requirements of the consumers.
Basically, there are four (4) main types of economy and these are;
I. Mixed economy.
II. Free-enterprise (capitalist) economy.
III. Traditional economy.
IV. Command economy.
A free-enterprise economy also referred to as capitalism or free market can be defined as a type of economy in which prices, products and services are being determined by the market rather than the government. Thus, a free-enterprise economy is devoid (free) of government regulations, interference or control because the market (enterprises) are the ones who are saddled with the responsibility of determining the market forces.
Simply stated, a free-enterprise system is a type of economy that is completely driven by demand and supply of goods and services.
Hence, a capitalist or free enterprise economy is often characterized by private ownership and limited government interference.
