Answer:
False
Explanation:
The characteristic of a capitalist economy is private ownership of businesses and means of production. It depends on free market for income prices and distribution of goods. while a socialist economy is characterised by government intervention for allocating the resources among its populations, prices are determined by the government.
Most of the countries today are mixed economies in which features of both capitalist and socialist economies are utilised as pure free market economies are prone to slowdowns, such a slowdown started in October 1929 in US. After that US government started to intervene in economic activities to achieve social aims. Mixed economies maintain private ownership and control of the means of production under government regulation, some industries are also under government control to produce public goods.
<em>US is a mixed economy.</em>
Answer:
So they wouldnt seem hostle.
The Civil War began at 4:30 a.m. on April 12, 1861, when Confederate artillery, under the command of GENERAL PIERRE GUSTAVE T. BEAUREGARD, opened fire on Fort Sumter.
Explanation:
Answer:
A slave who escaped the south and went to the north even after declared free can be claimed by their owner which affected the slaves very badly because if they ran away and settled in a north territory, that they can be claimed by their owner and be a slave even if they are free.
Explanation: