Collect taxes.Build roads.Borrow money.Establish courts.Make and enforce laws.Charter banks and corporations.Spend money for the general welfare
All three are ways of approaching the economic system and how much the government should be involved in that system.
Capitalism involves private ownership of businesses with little to no government interference or regulation. Most countries do not run on laissez-faire capitalism in which there is no gov't regulation. However more run as a blend between capitalism and socialism.
In socialism, the government owns the means of production and sets pricing, wages, quotas, and production. Often managers are government appointed and the workers all receive an equal wage for their work. Cooperation is key to the success of socialism. This is also the step between an overthrow of capitalism to full communism.
In communism, the means of production are owned by the people and the gov't is no longer needed to regulate business and/or wages. It is a complete cooperative state where the workers work for the good of all.
The correct answer for this question is this one: "The king could not imprison anyone who had not been convicted by his peers." This is the <span>statement that describes a limit that the Magna Carta placed on the English king.</span>
Hope this helps answer your question and have a nice day ahead.
