Mainly trading but also because of sugar and cropping in the 1500s was a big money maker
Answer:
- Ownership of the resource
- Resource allocation
- Wealth distribution
- Welfare funds
Explanation:
- Ownership of resource
Socialist government allows ownership of the resources, but it will be kept to something that we consume/use directly (food , clothing, shelter)
Resources such as land, electricity, water, and other things that is used by the mass will be controlled by the government.
- Resource allocation
In pure socialist country, the government will determine the type of goods/services produced by the country. The citizens do not have the options to pursue their own interest and have to adapt to the government's decision
- Wealth distribution
People's chance to obtain additional gain for their income tend to be limited. Pure socialist government tend to equalize the income received by the people. This can be a double edged sword . On one hand , this will eliminate disparity between social classes. On the other hand, this system will provide no incentives for the people who wants to work harder.
- Welfare
Things such as health insurance and food coupons will be nationalized in a pure socialist country, Private insurance company wouldn't exist, and people in the country will receive the same type of health care.
It should be noted that the five parts of the coercive Acts include:
- Massachusetts Government Act.
- Administration of Justice Act.
The Coercive Acts were the laws that were passed by the British Parliament in order to punish the colony of Massachusetts Bay.
It should be noted that colonists called the Coercive Acts the "Intolerable Acts because they believed that the acts were cruel and severe.
Learn more about the Coercive Acts on:
brainly.com/question/4235408
Answer:
Give something in order to help provide something
Explanation:
i searched it up
