In historic times, the strength of ruling political party in a country especially socialist parties has had a lot of influence a nations economic system because of the ideology that Socialism is for the benefit of the People.
The idea of socialism is anchored on public benefits, hence it helps promote common wealth. This is because in a socialist democracy, the government controls almost all of society's functions, it can make better use of the factors of production such as labors and lands.
<h3>What is Socialism?</h3>
Socialism is both a political and economic theory which describes the general ownership of the factors of production by the people rather than the ownership of the factors of production by individuals (capitalism)
This economic system gives the government authority (through elected representatives) over the factors of production.
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Answer: when a Supreme Court Justice dies or leaves unexpectedly? and what happens with cases already in progress but still undecided The following is an overview of how the vacancy is filled and pending cases are decided after the death of a Supreme Court Justice.
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Germany searched for an alliance with mexico and plans to invade America, but the telegram was intercepted by the US, further adding tension between America and Germany.
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Inflation is a condition wherein the economy grows because of the increased spending. When this occurs, the prices become high and the currency of the state will be worth less than its worth prior. One of the methods used to counter the problems brought upon by inflation is the increasing of the reserve requirement by Federal Reserve. Thus, the answer is letter B.
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Life during the 1800s in America was already difficult for many people. Of course, there were rich factory owners in the North and plantation owners in the South, but the average farmer and his family worked extremely hard just to survive. When the Civil War started, living conditions became even more difficult for the average American. Many of the men joined the army or were drafted. The women were left at home to work the farm or to find jobs and support the family on their own. Poor Men Went to War Many poor men thought that fighting in the army was an opportunity for adventure and excitement. This seemed much better than the drudgery of the hard work of everyday life. They soon found out that war was both boring and terrifying. Both sides of the war eventually instituted a draft. This was when men were randomly chosen to enter the army whether they wanted to or not. However, the rich were able to legally avoid the draft. In the North, they could pay a fee of $300 or pay someone else to take their place. In the South, men who owned more than twenty slaves didn't have to fight. Women at Home With so many men gone to war, women had to take up new jobs. They worked the fields on farms and at factories producing goods for the armies. Some women served as nurses in the army, helping wounded soldiers recover. Women had to work very hard to provide for their families. Often not only their husbands were at war, but also their older sons and fathers. War in the South Life in the South during the Civil War was even more difficult than in the North. The Union had blockaded many of the ports of the South, causing shortages of food and other items that people needed. Also, most of the war took place in the South. Families lived in constant fear of getting overrun by an army. When General Sherman took the Union army from Atlanta to Savannah he burned and destroyed much of the land and farms along the way. It was a scary time.
