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:
a. individualism.
Explanation:
Individualism: In psychology, the term individualism refers to the propensity to which an individual identifies oneself and focuses or aims at his or her goals, desires, and needs. Individualism generally gives priority to oneself and personal goals.
It signifies the importance of taking care of oneself, reflects the practice and beliefs that every individual is self-reliant and unique.
Example: When an individual is willing to fulfill his or her engagements and doesn't require to depend on others for his or her needs, then it reflects the idea of individualism.
Rocket scientists work in NASA, or space agencies. They are also there to help develop new
rocket powered by weapons for military use.
This question about Dr. Awkward is a riddle, and the one
problem he never has spelling his name backwards. Even he spells his name
backwards, it still is the same.
A. freshwater fishing.
my reasoning:
Inside the Middle East, most countries have large supplies of oil, (which helps make the countries rich as they are today because of oil demands), which takes out the options C & D. The Middle East, is located within the Sahara desert, and so can contribute to desert research (B) as well.
So A, is your most logical choice.
hope this helps
