Answer:
A market economy is an economy where most resources are owned and controlled by individuals and are allocated through voluntary market transactions governed by the interaction of supply and demand.
Explanation:
A market economy has several advantages:
Competition leads to efficiency because businesses that have fewer costs are more competitive and make more money.
Innovation is encouraged because it provides a competitive edge and increases the chance for wealth.
A large variety of goods and services are available as businesses try to differentiate themselves in the market.
Economic activity is encouraged because you need money to live and need to engage in economic activity (through employment or self-employment) to make money.
Freedom of individual choice is possible to the extent that the market provides options for work, developing a business, and purchasing goods and services (so long as you can afford them).
Answer:
This is important because in a way it is a motto for life, you avoid doing to others something you don't want them to do to you.
Answer:
Between 1900 and 1945, drastic change occurred from a global view. ... As these large continents battled out their differences, the balance of power from 1900 and 1945 shifted from European domination on all levels to U.S control using liberal and western aspects and communist power in the The Soviet Union.
Explanation:
What does Rainsford learn from General zaroff about hunting? When Rainsford is being hunted on the island by the crazy General Zaroff, he learns fear. He knows what it means to be a hunted animal. Most interestingly, it is revealed at the end of the story that Rainsford kills Zaroff.
Answer:
Alexander Hamilton believed in industry
