This economic system is called<em> socialism.</em>
Socialism is an economic system where everyone in the society equally owns the factors of production. The ownership as such is in the hands of the<em> government</em> that controls all means of production and distribution of goods.
The factors of production are : land, labor, capital and entrepreneurship.
In a socialistic economy, the land is owned by the state and private property is limited and difficult to obtain. Labor is heavily regulated and most people are employed in state-owned companies. Workers do not have many rights and they have to obey the government which also decides what is being produced and in which capacity ( planned economy ).
Socialism does not reward people for being entrepreneurial and competitive as competition is no existing and everybody reaps the same benefits of their work.
The answer would be c. Here
Answer:
License
Explanation:
A License is a term that describes the formal permission to do carry out operation or do something, often between the authority, government, or individual (often the owner of the thing under consideration) and another individual. A lisence can either be written or verbally given.
Hence, in this case, since Tom has verbally given Jerry permission, then it is correct that, Jerry has acquired LICENSE.
Answer: D
Explanation: The correct answer is letter D, Dissociative amnesia.
Dissociative amnesia is a specific type of amnesia that affects biographical memory, meaning that the person could not remember who is he/she and any kind of information related to himself (name, family, friends, etc). It can be caused by high levels of stress but algo by physical injuries.
