Answer: Communism and capitalism are two economic ideologies in the world that concern the ownership of goods. Communism advocates community ownership of production whereas capitalism advocates private ownership of production. As a result, there are social divisions based on wealth in a capitalist community.
Explanation: Capitalism is an economic system in which the trade and industry of the economy is owned and controlled by private individuals, to make profit. Communism refers to social system in which country's trade and industry are controlled by the community and the share of each individual relies on his ability and needs.
Answer:
The State of Illinois is located in the East-North-Central (Midwest and Great Lakes) region of the United States. Illinois is bordered by the state of Indiana in the east; by Kentucky in the southeast; by Missouri in the west; by Iowa in the northwest and by Wisconsin in the north
it wanted to protect its industry by levying tariffs (taxes) on cheap imports.
Through low tariffs
This is true.
It is always about maximum profit, they want to pay less to the workers and charge more.
