Market, planned, and mixed are three basic types of economic systems. A market system is a process where many actors are decision makers in the economy and both bid and ask, which helps bidders and sellers make deals. A planned economy is where decisions are made regarding production and investment are embodied in a plan formulated by a central authority, usually the authority being public like a government agency.
The matter of independence for those groups came after the end of WWI. It was sensitive since Austro-Hungary was on the losers side of the war and the nations in it were though to have the right to have political control. This triggered nationalistic feelings that were dormant. The Germans taking over the empire was very improbable since the Germans had just lost the war and they would not gain territory or control over other powers. A strong alliance was also not on the cards; the new countries would have little to bind them except history since the people spoke different languages. These differences and the fact that every nation in the mpire wanted to have self-determination would most probably to the collapse of the empire (that is what happened).
<span>Nelson Mandela became president of South Africe after his release from prison.</span>
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Explanation:
One benefit of voluntary trade during India's Vedic Age is that it led to developed social connections with the wider community. Also, they only traded and bought things that benefited them (boosting their economic growth.) It also gave people the freedom to buy and sell only when they deemed it fit. This helped India as they had a weak economy at the time so voluntary trading helped the economy to grow.
Answer:
The Indus Valley Civilisation (IVC) was a Bronze Age civilisation in the northwestern regions of South Asia, lasting from 3300 BCE to 1300 BCE, and in its mature form from 2600 BCE to 1900 BCE.Together with ancient Egypt and Mesopotamia, it was one of three early civilisations of the Near East and South Asia, and of the three, the most widespread, its sites spanning an area stretching from northeast Afghanistan, through much of Pakistan, and into western and northwestern India. It flourished in the basins of the Indus River, which flows through the length of Pakistan, and along a system of perennial, mostly monsoon-fed, rivers that once coursed in the vicinity of the seasonal Ghaggar-Hakra river in northwest India and eastern Pakistan.
