Answer:
Jihad refers to a holy war against enemies of Islam.
and:
Caliphs were Muslim rulers who succeeded Muhammad.
and:
Jihad refers to a Muslim’s internal struggle to lead a good life.
there ya go.
Answer:
-The rise of technology
-The globalization of markets
-The increase in competition
Explanation:
Give brainliest if I helped!
<u>Effects of laissez-faire capitalism:</u>
- Laissez-faire capitalism allows companies to compete freely with each other in an open marketplace.
- Without costs of government regulation, businesses can grow faster.
- This leads to price increases for the consumer and the lack of diversification in the marketplace.
- Without restrictions from the government, there is more incentive for innovation, and technological advances can take place.
- This can result in a large wealth gap in a society with a few very rich people in control of the majority of the economy's wealth.
- Capitalism (or laissez faire) feeds and clothes and houses more people at higher levels than any other system.
- Workers have more rights, and have a comfortable work environment.
- Lots of government involvement and regulation raises cost and slows growth.
