1. Private Property. Most goods and services are privately-owned. The owners can make legally-binding contracts to buy, sell, or lease their property. In other words, their assets give them the right to profit from ownership. But U.S. law excludes some assets. Since 1865, you cannot buy and sell human beings. That includes you, your body, and your body parts.
(Source: "Market Economy," University of Auburn.)
2. Freedom of Choice. Owners are free to produce, sell and purchase goods and services in a competitive market. They only have two constraints. First, is the price at which they are willing to buy or sell. Second is the amount of capital they have.
3.
Motive of Self-Interest. Everyone sells their wares to the highest bidder while negotiating the lowest price for their purchases. Although the reason is selfish, it benefits the economy over the long run. That's because this auction system sets prices for goods and services that reflect their market value. It gives an accurate picture of supply and demand at any given moment.
Correct answer
Harry Truman
WW2 ended in September, but FDR died in April, and Truman became the president.
Answer:
your answer should be B
Explanation:
OPEC was mad because the US sided with Israel, so they tried to punish them
hope this helps!!
Answer:
Feudalism impacted the roman catholic church because they had diffrent beleifre
Explanation:
What Lynn Novick means by sell their story is to make the story go public in a way that it reaches a lot of audience as well as influencing the story.
<h3>The filmmaker Lynn Novick</h3>
This film maker said this due to the fact that she was working on a movie called the Vietnam war.
She was taking on President Nixon who had said that he was modulating the message that he was telling about the events.
Read more on the Vietnam war here
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