I am guessing the chart is going up, his products will most likely continue rising in popularity until it reached its peak, where it would even out of=r decrease depending on popularity
Most nations operate in the capitalist system of production and consumption.
Since the end of the feudal system, the world underwent transformations that culminated in economic systems based on barter and mercantilism, which in turn allowed for the existence of industrial revolutions and which were the basis for the capitalist system of production as it is today.
In last century, Capitalism and communism competed for world hegemony until the end of the Cold War, when the bipolarized world gave way to what today times capitalist hegemony in most countries with a few countries in communist systems.
Answer:
It is reasonable to argue that the <em>invention of the internet</em> had the most influence on expanding American economy.
Explanation:
<u>The internet </u>had a <u>significant effect on cost savings in many sectors of economy, that lowered the prices of products and services</u> and thus increasing living standards and economic growth. It also<u> increased management efficiency to manage companies supply chains more effectively, making transactions cheaper and quicker.</u>
For example, online retail had a revolutionary impact on American economy. Thanks to online retail companies, such as Amazon, shopping has become much faster and easier on the customers side. Customers no longer have to spend time going to the shop, they can make quick purchases online and get their order delivered to the doorstep. On the other hand, online retail companies do not need to rent shopping spaces anymore, they rather need to build super efficient fulfillment centers.