<span>The main features of advancing industrialism in the west was the invention of rail roads, telephone, camera, electricity and so on. In short it lead to technological advancement.</span>
Answer: capital in nature.
Explanation: In a capital market structure, the price of goods and services produced are determined by the market forces of demand and supply. In these economies private owners willingly makes exchanges to maximize their profits.
The production and consumption under such economies are purely determined by the market forces, as the intervention from Govt. is minimal.
Answer:
Poverty. I hope this answer helped you!
Answer:
By encouraging inducement to save and also mobilising savings from the public, banks help to increase the aggregate rate of investment in the economy. This creation of credit, if it is used for productive purposes, greatly larges production and investment and thus promotes economic growth.
how?
The banking system plays an important role in the modern economic world. Banks collect the savings of the individuals and lend them out to business- people and manufacturers. Bank loans facilitate commerce.
Manufacturers borrow from banks the money needed for the purchase of raw materials and to meet other requirements such as working capital. It is safe to keep money in banks. Interest is also earned thereby. Thus, the desire to save is stimulated and the volume of savings increases. The savings can be utilised to produce new capital assets.
Answer:
I think it's B if not then we have different answers
Explanation:
