Answer:
Explanation:
The advantages of capitalism include:
Consumer choice - Individuals choose what to consume, and this choice leads to more competition and better products and services.
Efficiency of economics - Goods and services produced based on demand create incentives to cut costs and avoid waste.
Economic growth and expansion (which is possible in the capitalist economy system) - This increases the gross national product and leads to improved living standards.
The disadvantages of capitalism include:
A chance of a monopoly of power - Firms with monopoly power (when a specific person or enterprise is the only supplier of a particular commodity) can abuse their position by charging higher prices.
Inequality - A capitalist society is based on the right to pass wealth down to future generations. If a small group of people hold all the wealth and that wealth continues to be passed down to the same groups of people, inequality and social division occur.
Recession and unemployment - An economy based on the market of consumers and producers is invariably going to experience growth and decline.
Answer:The Vice President becomes president.
Explanation:
<span>they believed they would receive no benefit from the increased contact with Europeans.</span>
Answer:
117 CE
Explanation:
They gained much territory under the king Trajan. When Trajan died, most of his territory in Mesopotamia was lost. Hope it helped? Did I get it right?
Answer:
the magna carta
Explanation:
contributed to the decline of feudalism in the 12th through the 15th centuries. ... document known as Magna Carta, or Great Charter, dates from this time. ... agreement that limited the king's power and strengthened the rights of nobles. ... During the Middle Ages, it was not unusual for people to go for ... Spain, and Italy.
