Answer:
For free market economy, we can explain it in 3 expects. First, because households are the 'owners' of productive resources, firms have to pay them for their resources in the resource market, they can produce everything they want, the type and amount of products are determined by every individual firms, but they should produce the goods and service that other companies or household want, and can make the maximum profits, more profits, more motive for the producers. Prices are determined by householders.
While For the centrally planned economy, (it is also called command economy), all the resources (land, labour and capital) in the market are allocated by government, and it makes all the productive decisions, including price determination, so, the centrally planned economy is a government-controlled economic situation. First, a centrally planned economy may choose to produce whatever the government decides is most crucial to meeting society's needs, the government should provide services and goods that can cater to the people's need. Like in the 19th and 20th centuries period, in China, Mao Zedong realized that China is under a low level of heavy industry, so he decided to develop it first, then the light industry, this decision is sensible and realistic.
Answer:
D.favorable balance of trade
Explanation:
Answer:
True
Explanation:
Its is true because the U.S dollar is global
Answer:
yesss
Explanation:
This period became known as the Golden Age of India because it was marked by extensive inventions and discoveries in science, technology, engineering, art, dialectic, literature, logic, mathematics, astronomy, religion, and philosophy.
The correct answer is A. Commanders encouraged their soldiers to be as brutal as possible.
The massacre of Nanking was a series of crimes against humanity committed by the Japanese army while they were occupying the city of Nanking and its surroundings in 1937. These crimes involved killings of civilians and prisoners, torture, violations, plunder, and other several atrocities. According to different estimates, the number of dead civilians rises above 300 000. This brutality was a direct result of the orders of the Japanese commanders: prince Asaka and general Matsui, among other Japanese military leaders.
