Answer:
Workers lives were heavily changed during the Industrial Revolution, as the requirement for 8+ consecutive hour work days were introduced, sleeping schedules shifted from being taken at intervals to full nights of sleep. As well, the introduction of a stable paycheck rather than the risky trade of farming, which doesn't always guarantee a profit every year.
C) about 60 million dead and parts of Europe & Asia devastated.
Answer:
World War II was financed through debt and higher taxes, by the end of the war, U.S. gross debt was over 120% of GDP and tax revenue increased more than three times to over 20% of GDP.
Explanation:
Command Economies are typically bad when it comes to a person wanting to make a profit. They focus around (typically) economic equality and lack economic efficiency. Generally speaking, in a command economy, resources are allocated by a Central Planning Committee. This generally will lead to several shortages and/or surpluses in products since the demand/supply can be spontaneous.
Command=Bad
Market Economies are focused around making a profit and Economic Efficiency. Basically, people will be rewarded based on how well resources are allocated among the public. For example, take a parking lot like downtown. Generally in a Market economy, we focus on placing as many cars in the lot as possible and using the space to its full potential. However, in a Command, many in these economies will try to allocate the space so that (strictly for example) 3 small, 3 large, and 3 medium vehicles are parked- thus economic equality.
Finally, with a market economy, there tends to be less shortages and less surpluses, since we operate through the Laws of Supply and Demand in which an equilibrium price will be automatically established through buying and selling
Market=Good
Hope it Helps!
The main way in which the peace settlement between the U.S. and Spain affected the Philippines was that "<span>c. Spain gave the U.S. control of the region," since the US was victorious in this war. </span>
