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:
Executive order
Explanation:
Presidential directive is a written or oral official instruction on a federal policy which is issued by the President.
Executive order is a type of presidential directive that manages and handles operations of federal government and includes implementing a specific law. Executive orders direct federal employees to take a particular action or implement a policy in a certain way. Executive orders are dependent upon judicial review and can be revoked if the orders lack approval by the constitution. They have an important impact on government internal affairs, they determine to what extent laws will be implemented, deal with emergencies and fine tune policy options in the execution of specific statutes. Once issued, presidential executive orders remain in force until they are cancelled, abrogated, unlawfully judged, or expire on their own terms. The president may revoke, change, or make exceptions from any executive order at any time.
Answer:
Explanation:
Sherman's goal was to destroy the Army of the Tennessee, capture Atlanta and cut off vital Confederate supply lines. While Sherman failed to destroy his enemy, he was able to force the surrender of Atlanta in September 1864,boosting Northern morale and greatly improving President Abraham Lincoln's re-election bid.
Explanation:
means the transformation of the society. It is true that development of a society can be attributed to new inventions in technology. ... For example, a truly developed society will accept the role of women in the society and give them rights, equal to men.
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