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irina [24]
3 years ago
7

explain the difference between capitalism and communism. what role does the government play in each type of economic system?​

History
1 answer:
lesya692 [45]3 years ago
3 0

Answer:

In communist regimes such as that of the former Soviet Union, the government controls the whole economy and takes all the main economic decisions. It is a system of command, planned ,centralized economy. The government decides the prices, assigns production goals to companies and economic sectors, allocate resources. The dominant form of property is the state property.

In a capitalist economy, the government leads the economic policy and development in order to create a good business environment. However, it  lets companies in an environment of free competition to make decisions on prices, allocating resources and inputs and picking outcomes. Rational economic decisions are determined by the laws of supply and demand. The dominant form of property is private property.

Explanation:

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Ganezh [65]

Answer:

Yes.

Explanation:

This is going to sound bad, like I'm saying that someone is above the law due  to religious beliefs, but the first amendment gives you the full right to freedom of religion. Also, America was built on the idea of separating government and religion, therefore, even if someone is senate, if there religion makes them do something that is considered "illegal", then that thing should not be illegal.

Also, this is completely an opinion.

5 0
4 years ago
What long-term consequence did the Townsend Acts have
HACTEHA [7]

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They led to a cycle of violence that ended with the Boston Massacre.

Explanation:

5 0
3 years ago
Why was the federal civil defense administration created?
BartSMP [9]
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A purported website address for this government organization (rendered as "The F.C.D.A.") was briefly referenced in the 1998 American science fiction film Deep Impact at time marks 0:54:26, and 1:18:50, using a fictional website listed in the movie audio monologue and subtitles as "http://fcda.gov/". This seemingly fictional website (as used in the movie) has not been known to ever exist, and the Internet Archive and WHOIS databases carry no record of it being for any organization, government or otherwise.

4 0
4 years ago
How do the social support systems of developed countries differ from those of developing countries?
Natalija [7]
I would say that the social support systems of developed countries are far more advanced than those in developing countries. Developed countries invest about 40% of total money into these programs that ensure the safety of their citizens. On the other hand, developing countries invest less that 10% which means that the system is poorer and doesn't provide much for citizens.
4 0
3 years ago
Which situation best illiterates how market economies meet their citizens needs for employment and income ?
Vlad [161]

Answer:The activity in a market economy is unplanned; it is not organized by any central authority but is determined by the supply and demand of goods and services. The United States, England, and Japan are all examples of market economies..

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8 0
3 years ago
Read 2 more answers
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