A market economy has several aspects that characterize it. It is very rare that all of these aspects are realized completely.
1) In this type of economy the government doesn't intervene.
2) Resources are privately owned. Goods and services are given by the individuals.
3) There has to be freedom of choice to buy and sell whatever the people want. Freedom of enterprise to start any business you want.
4) Every entrepreneur sees for himself and looks to maximize their profit. They act on self interest.
5) Competition is very important for a market economy to work. <u>In theory</u>, when there's competition the market will regulate itself preventing price and power abuses and guaranteeing the best price for the costumer.
Islam, hinduism,
Explanation:
in these religions people make their choices any people from different religion and change their religion and these are the examples of it
Answer:
I believe is C i could be wrong
Explanation:
In addition to Japanese americans, it was "<span>a. german and Italian americans" who </span>were sometimes detained in internment camps in the U.S., since the US was also at war with Italy and Germany.
Answer:
The plantation system developed in the American South as the British colonists arrived in Virginia and divided the land into large areas suitable for farming. Because the economy of the South depended on the cultivation of crops, the need for agricultural labor led to the establishment of slavery.
