This economic system is called<em> socialism.</em>
Socialism is an economic system where everyone in the society equally owns the factors of production. The ownership as such is in the hands of the<em> government</em> that controls all means of production and distribution of goods.
The factors of production are : land, labor, capital and entrepreneurship.
In a socialistic economy, the land is owned by the state and private property is limited and difficult to obtain. Labor is heavily regulated and most people are employed in state-owned companies. Workers do not have many rights and they have to obey the government which also decides what is being produced and in which capacity ( planned economy ).
Socialism does not reward people for being entrepreneurial and competitive as competition is no existing and everybody reaps the same benefits of their work.
Answer:
Classical
Explanation:
Classical learning refers to a learning conditioning where a stimuli (usually unconditioned) is mixed with a natural stimuli to effect a particular response in behaviour. Example of unconditioned stimuli may be pain. Shocking the rats will create an unconditioned stimuli which later will create a freezing effect on them
Answer:
The Constitution establishes a Senate in which each state, regardless of size, is granted two officials chosen by the state legislature.
Explanation:
Answer:
the work of executive is execute the laws made by legislature.
the work of legislature is to make laws for the citizens.
the work of the judiciary is to ensure that there is no misuse of power by the legislature and executive.
Explanation:
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ITSCHOCOLOVER
Answer:
Hello Adam Here! :D
Explanation:
The population was diverse from the beginning. Since Holland of the day was one of the most prosperous and desirable places in the world, a limited number of Dutch were attracted across the ocean. Instead, people of different nationalities searching for economic opportunities found new hope in New Amsterdam.
OH YEAH! XD