I believe the answer is price because a pencil is cheaper than a shirt and the iced coffee
Although the two economic systems are based on the law of supply and demand, these systems are different. Capitalism is an economic system based on ownership of the factors of production. ... On the other hand, a private owner in a capitalist system can have a monopoly on the market and prevent free competition.
This got me confused...yikes
Answer:
The answer is in the explanation bellow
Explanation:
Coolidge is probably best known for his statement that the "business of America is business." This reflected his position that government should interfere as little as possible with businesses and individuals.
Calvin Coolidge (1872-1933), the 30th U.S. president, led the nation through most of the Roaring Twenties, a decade of dynamic social and cultural change, materialism and excess. He took office on August 3, 1923, following the sudden death of President Warren G. Harding (1865-1923), whose administration was riddled with scandal. Nicknamed “Silent Cal” for his quiet, steadfast and frugal nature, Coolidge, a former Republican governor of Massachusetts, cleaned up the rampant corruption of the Harding administration and provided a model of stability and respectability for the American people in an era of fast-paced modernization. He was a pro-business conservative who favored tax cuts and limited government spending. Yet some of his laissez-faire policies also contributed to the economic problems that erupted into the Great Depression.
