<span>This was a declaration by the House of Commons of England reaffirming their right to freedom of speech in the face of King James' belief that they had no right to debate foreign policy. Many Members of Parliament were unhappy with James' foreign policy. They opposed the Spanish Match and wished for a war against Spain. The MPs believed that if they conceded that they had no right to debate matters which displeased the King, Parliament would be obsolete</span>
Answer:
False
Explanation:
The characteristic of a capitalist economy is private ownership of businesses and means of production. It depends on free market for income prices and distribution of goods. while a socialist economy is characterised by government intervention for allocating the resources among its populations, prices are determined by the government.
Most of the countries today are mixed economies in which features of both capitalist and socialist economies are utilised as pure free market economies are prone to slowdowns, such a slowdown started in October 1929 in US. After that US government started to intervene in economic activities to achieve social aims. Mixed economies maintain private ownership and control of the means of production under government regulation, some industries are also under government control to produce public goods.
<em>US is a mixed economy.</em>
Few events have a worst impact than the ww1.
D. Britain sold finished goods to the American colonies for slaves from its Caribbean colonies.
