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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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Fill in the chart to explain the significance of individual events during the Cuban Missile Crisis.
Svetllana [295]

The significance of the events listed are:

  • Event A: This leads to an increased alert by the Americans about the nuclear weapons owned by the Soviets in Cuba
  • Event B: This was a necessary tactic by President Kennedy to prevent nuclear war
  • Event C: This was meant to inform the American public about the current happenings
  • Event D: This was one of the most important events in the build-up to the Cuban Missile Crisis
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<h3>What was the Cuban Missile Crisis?</h3>

This refers to the period in American history when the Soviets had nuclear weapons in Cuba that had strike capabilities of reaching US targets.

Hence, we can see that President John Fitzgerald Kennedy helped avert a global crisis by the use of the naval blockade to prevent more influx of Soviet weapons in Cuba.

Read more about the Cuban Missile Crisis here:

brainly.com/question/457425

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4 0
2 years ago
What are the three principles of the people"? Are these realistic in China? How about in today's world?
nydimaria [60]

Answer:

What are the three principles of the people?

The three principles of the people are :nationalism, democracy, and the livelihood of the people.

This ideology was developed by  Sun Yat-sen to create  prosperous nation.

Are these realistic in China?

No.  China has a massive authoritarian power structure, in which the government owned almost all the resources in the country.  The people do not obtain the right to free election, which do not fulfill the 'Democracy' Criteria from the three principles.

How about in today's world?

Absolutely. Those three principles are generally popular among the citizens, it should not be difficult to achieve.

Probably the biggest challenge for any other country in the world would be fulfilling livelihood of the people.

But it can be solved by having emphatic understanding toward the hardship that felt by our fellow citizens.

3 0
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C 64
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In 1905 Japan gained respect as a major power after it?
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In 1905 Japan gained a lot of respect by other countries, including the Western superpowers as it defeated Russia in the 1905 Ruso-Japanese war and came out victorious; although the scale was small in conflict compared to what happened in a decade.
7 0
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