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boyakko [2]
3 years ago
15

Which statement about Andrew Carnegie is correct?

History
2 answers:
Rufina [12.5K]3 years ago
8 0

The answer is definitely C. Hope it helps.

cluponka [151]3 years ago
7 0
<span>The answer is letter c.  He emigrated from Scotland to America in 1848.  He started at the age of 18.  He later worked in the railroads where he quickly rose from the ranks.  From there he made a fortune in the steel industry.  Apart from amassing a fortune in steel, He was also a philanthropist who late in his life in various social projects.  He built libraries in the United States, Great Britain and Canada other countries.  He also established school such as the Carnegie Institute of Technology in Pittsburgh, The Carnegie Institute in Washington.</span>
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nirvana33 [79]
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3 years ago
A capitalist/free enterprise economy is often characterized by -
Hitman42 [59]

Answer:

K) private ownership and limited government interference.

Explanation:

An economy is a function of how money, means of production and resources (raw materials) are carefully used to facilitate the demands and supply of goods and services to meet the unending needs or requirements of the consumers.

Basically, there are four (4) main types of economy and these are;

I. Mixed economy.

II. Free-enterprise (capitalist) economy.

III. Traditional economy.

IV. Command economy.

A free-enterprise economy also referred to as capitalism or free market can be defined as a type of economy in which prices, products and services are being determined by the market rather than the government. Thus, a free-enterprise economy is devoid (free) of government regulations, interference or control because the market (enterprises) are the ones who are saddled with the responsibility of determining the market forces.

Simply stated, a free-enterprise system is a type of economy that is completely driven by demand and supply of goods and services.

Hence, a capitalist or free enterprise economy is often characterized by private ownership and limited government interference.

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Egyptians believed that what you did while living should please Horus, the god of the afterlife. true or false
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