Answer:
Capitalism
Explanation:
Private individuals or firms own economic resources and control their use.
Voluntary trade is the mechanism that drives activity in a capitalist system.
The owners of resources compete with one another over consumers, who in turn, compete with other consumers over goods and services.
Answer:
Joint ownership
Explanation:
In a joint ownership, when a partner dies, his interest is passed on to the surviving partners.
This case scenario is a joint ownership
The correct answer for the question that is being presented above is this one: E. One reason that Chinese peasants were ready to rebel is that the emperor had used them as forced labor to achieve his goals. <span>B. The Sui dynasty reunited China in the sixth and seventh centuries by combining existing laws into a single legal code. </span>
The lender is bearing the risk on defaulting the loan
Answer:
The correct option here is option D) Mercantilism.
Explanation:
Mercantilism was a type of economic theory which was practiced around 16th - 18th century , that was based on a idea that a country's wealth and power could well be increased by increasing the exports and decreasing the imports, thus overall increasing the the trade.
This theory promotes that government should regulations on the country's economy to serve the purpose of augmenting state of power at the cost of rival country's powers. This is the same policy that China is using against U.S. in their favor to increase their monetary reserves , through a positive balance of trade.
