1.The one who answer the three economic questions in free market system is the Free Enterprises.
- What to produce
- For whom we produce it
- How to produce it.
All of these questions would be analyzed by the free enterprise based on the demand and supply in the market, so they could come up with appropriate product that they could turn into profit.
2. The difference is that in a command economy, the Government is the one that answers all three questions.
In a command economy, the Government obtain total control on all the resources in the country, so private citizens basically do not have any say in all economic matters.
Answer:
The answer is
"Industrial factories preferred to hire African Americans rather than white workers."
Explanation:
Answer: Das Kapital, which was used as the rationale for centrally-planned economies.
Explanation: Karl Max born May 5th 1818 an economist, historian, sociologist, political theorist, etc is the author of the book, DAS KAPITAL. The book is a foundational theoretical text in materialist philosophy, economics and politics which seeks to proposes that the motivating force of capitalism is in the exploitation of labor. The book was a success and was used as the rationale for centrally-planned economies.
The Berlin Wall that separated East and West Berlin. Encouraged to be brought down by Ronald Reagan.
The answer is (A) the messiah
