<span>Government regulation of minimum wage is an example of a benefit of government involvement in the economy.</span>
The Pilgrims were<span> the first to settle in North America</span>
Answer:
Health Care
Explanation:
Federal taxes are used for the goods and services of the American people, such as Social Security, Health Care, and Education.
Both India and China were mostly communist states, with centralized government and strict control of a business.
China:
China opened up its economy by the 1970s and saw unprecedented growth, which many economists say, might never again be repeated by another country.
China worked on an export-based model and mass production of products using cheap labor. Today over 40% of the country's GDP comes from Manufacturing while the sectors of Industry and Construction account for 48% of the GDP.
India:
India is just starting to grow but it has an economy which is only 1/5th the size of China's. India has a more service-based economy which brings in billions of dollars but is not able to create the same amount of jobs that the manufacturing sector can.
57% of India's GDP is based on the services sector and BPO and software development is their biggest industry.
