<span>This is about how the market system and the command economy try to cope with the economic scarcity. In the market system, producer produces goods that the market demanded with the resources owned by the producer without the intervention of the government. Whereas in the command economy, the government owned all the resources, make choice on allocating the resources to produce a product and also decide on how to distribute the product</span>
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American imperialism consists of policies aimed at extending the political, economic and cultural influence of the United States over areas beyond its boundaries. Depending on the commentator, it may include military conquest, gunboat diplomacy, unequal treaties, subsidization of preferred factions, economic penetration through private companies followed by intervention when those interests are threatened, or regime change.
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The Cold War
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It was a war of ideas and words that saw the USSR and America pit themselves against each other.
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A sovereign state in international law is a political entity that is represented by one centralized government that has sovereignty over a geographic area.
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