Answer:
Faced with severe shortages of oil and other natural resources
Explanation:
Answer: Socialism refers to an economic and political system in which all factors of production are owned and controlled by the people.
Explanation: Socialism is based on economic and political theories that believes that production and distribution of goods and services are the sole responsibility of the people. The proponents of this theory does not believe in privately owned property, it should be owned by the community.
Communism is different from democratic socialism because communism in achieving their classless society idea through revolution, while democratic socialism has more flexible and subtle idea.
Secondly, Communism gives zero tolerance to private property. All properties are collectively owned and each person is allocated to, according to their needs while democratic socialism still give individual rights to own property.
Reaganomics emphasized a lessening of government intrusion into the economy and more of a freedom to businesses to pursue their goals.
The Confederate general that won the first major battle of the Civil War was Stonewall Jackson, who excelled in the First Battle of Bull Run in 1861, after which he was promoted to General on October 7 of that same year and was given the command of the District of Valley, with headquarters in Winchester (Virginia), where he defeated Union troops, far superior to his own.
