Obviously, it brought the anti-war protests as well as the hippies.
Explanation:
Socialism and capitalism are two social, political and economic systems of antagonistic relationship regarding the management of goods and the mechanisms of production in a society.
Both terms are commonly used in contemporary social and political debates, and popularly represent the two opposing models of management of societies: one focused on the accumulation of capital (capitalism) and the other on the social conduction of production (socialism) .
The struggle between these two models derives from the times of the Cold War, in which two political and economic blocs in the world opposed: the communist, orchestrated by the U.R.S.S. and the capitalist, by the U.S. and the allied countries (France, England).
Answer:
d
Explanation:
the answer is d ddddddddddd
The economic growth rates gives information on how fast the economy is growing,and is calculated by comparing the economic output (measured as the Gross Domestic Product or GDP) of two subsequent periods.
<u>The two main determinants of GDP/economic growth are:</u>
- Productivity increases caused by more efficient use of inputs (labor, capital) and implementation of innovation.
- Accumulation of physical capital
<u>Effects of economic growth</u>
- Larger amount of goods and services are available in the country and ready for consumption
- High employments levels, as workers are necessary to manufacture that large quantity of goods and services. As GDP has grown, so have done employment figures.
- More employment brings boosts on aggregate demand and generate further growth as business will keep on trying to serve the whole demand.
- As demand grows it is quite likely that prices do so too, therefore economic growth would increase the inflation rate (not necessarily a problem if such growth is not too large and remains stable).
- Productivity increases and implementation of innovations make national firms more efficient and competitive in the international markets.
