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.
Answer:
The rebellion was launched by the CPN-M on 13 February 1996 with the stated purpose of overthrowing the Nepalese monarchy and establishing a people's republic.
Answer:
less
Explanation:
In case of rolling friction, the area of contact is less than in the case of sliding. Due to this, rolling friction is <u>less</u> than sliding friction.
As a body rolls upon another, it experience the resistance to motion which is known as rolling friction.
Sliding friction refers to a contact force that resists the sliding motion of two bodies.
Little Albert is a classical study of human conditioning,
ethical or not, whose results were published in 1920. The results state that little
Albert developed a striking fear of fluffy white things. The experiment was significant
because it provided empirical evidence that demonstrated what is called the
classic conditioning in humans.
Answer:
In the 1929 episode, Disney's The Karnival Kid, Mickey Mouse's first words were "Hot dogs!".
