Railroads were made which were a part of industrialization.
Answer:
Both the economies are essential. However monetarily, capitalism provides greater benefits
Explanation:
Capitalism and socialism are forms of formal economies which operate under certain policies and regulations.
While Capitalism issues economic freedom & growth and consumer choices socialism talks about social welfare and reduces business fluctuation. Socialism is governed by the government bodies.
Capitalism is market based and the major intention is to earn profit out of all goods and services produced. In this economy, government has no major role except in devising policies
Socialism talks about production by public enterprises and selling the goods and services at compensated rates to benefit individuals
Answer:
The President is both the head of state and head of government of the United States of America, and Commander-in-Chief of the armed forces. Under Article II of the Constitution, the President is responsible for the execution and enforcement of the laws created by Congress.