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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
She began the Spanish inquisition and started harassing anyone who wasn't Catholic. She removed the Moors from the country and made everyone Catholic. Since she couldn't just kick out nobles and wealthy people, she gave them good reasons to convert and start supporting her.
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Yes
The industrial Revolution would have been possible without the use of slave labor. The industrial revolution begun in the UK where slaves were not used. While the cotton mills in England relied on cotton supplied from the use of slave labor, there were other enterprises such as ship building that did not depend on slave labor