Answer:
- A capitalist system guarantees certain economic rights: the right to own property, the right to make a profit, the right to make free choices, and the right to compete. The right to own property is central to capitalism. The main incentive in this system is profit, which encourages entrepreneurship.
Explanation:
A capitalist system guarantees certain economic rights: the right to own property, the right to make a profit, the right to make free choices, and the right to compete. The right to own property is central to capitalism. The main incentive in this system is profit, which encourages entrepreneurship.
The system defined is a capital-intensive production system.
Producing requires the combination of the so-called factors of production: land, labor and capital. When production relies, in a higher proportion, on capital accumulation and the usage of machines in large production plants, rather than on human force, it is a capital-intensive production system.
<em>If, on the other hand, production relied, in a higher proportion, on an extense labor force it would be a labor-intensive production system. </em>
Literacy rate is the amount of people who can read and write any one language at the least and standard of living is a level of material comfort which is observed by goods, services, luxuries offered to an individual or a nation.
the higher the literacy rate, higher is the standard of living, which in turn helps to increase the economic success and the Gross Domestic Product(GDP) of the country
Answer:
Right choice: Increasing the price of foreign imports.
Explanation:
The purpose of tariffs is always protectionist. They aim at increasing the costs of foreign products in order to support demand of local products and help local companies and industries.
The forcible transfer by the Imperial Japanese Army of 60,000–80,00
