Answer:
all 50 states answer to a central goverment and have the same currency. They have open borders with one another. They have diffrent cultures and state goverments
Explanation:
Auschwitz.
Hope this helped :)
<u>Answer</u>:
Since the mid 1970s, the United States had a significant trade deficit.
<u>Explanation</u>:
The U.S had undergone a trade deficit since the 1970s. This has been contributed to the fact that they have been importing way more supplies and goods than the other countries were buying from the Americans. These imports have affected the native industries. Also, the demand for American products went down drastically and thus contributing to the deficit.
While Europe and Great Britain undertook industrialization in the 18th century, Americans started it in the 19th century-this delay resulted in the US depending upon imported goods and also in US struggling to meet Europe's levels of export.
Answer:
Following are the difference between capitalism and socialism:
Explanation:
Capitalism:
It is an economic framework, that maintains personal or company ownership of the production, distribution, and funds activity through profit.
It is also considered as an economic framework wherein the private entities possess assets, that are controlled by the property to satisfy the needs or production and consumption independently set the prices for markets so, that it can serve society's best needs.
Socialism:
It is a system of economics and politics, in which the voluntary institution's economic ideology. It assumes that employees must control the process of creating, starting to move as well as the payment period.
It includes money, which produced falls instead of the group of private individuals to the people who make the products.
