Answer: The answer is not C it is A!!!
Explanation: I just took the test and got it wrong because I choose C and I retook it and I picked A and it was right.
Answer:
A. inflation was high and unemployment was low
The correct option is D.
The statements in the excerpt of the March of the flag can be considered a biased source because no supporting reasons were given for the opinions presented. There is no reference whatsoever to any other widely accepted source of information which buttress the points offered by Senator Albert.
Answer: Let's start with a definitive description of each.
Capitalism: is a free market economy, where goods and services are produced by private firms. The goods produced are determined by market forces of Demand and Supply.
Socialism: is an economy where each member of the public owns an equal fraction of the means by which goods and services are produced. The goods produced here are determined by the government.
Explanation: I am going to list some of the Advantages and Disadvantages of each so that you can pick the advantages of the system you are supporting and the disadvantages of the other system in your essay.
Capitalism
Advantages:
- It ensures that only the goods needed are produced as the market is controlled by demand and supply.
- It encourages innovation and personal development as better skills and products lead to higher income.
Disadvantages
- It can neglect to produce necessary goods in the economy when focus is only on goods that give the highest return.
- It leads to inequality between the people in an economy.
Socialism
Advantages:
- It leads to equality, people enjoy equal standards of living
- It corrects market problems such as monopolies, price fixing and cartels.
Disadvantages:
- There is an absence of innovation due to lack of competition, so there is no drive to improve on the current goods, services or methods of production.
- It leads to bureaucratic bottleneck as decisions usually have to be taken by several government officials in a bid to ensure that rules are followed.
The right option is C. The effect of imperialism on India was similar to its effect on Haiti due to the fact that both countries were colonized by European imperial powers. India was colonized by Great Britain, and Haiti was colonized by France.
Imperialism is a state government practice of expanding power and dominion, especially by direct territorial acquisition or by gaining economic and political control of other areas.
