Just tell what it means to you.
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.
HOngwu he restored china to strong centralized rule. He revived the civil service system and Confucian values, he was first a ruler that was guided by the interest's of his people.
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The railroad helped South Carolina’s economy in 1830 by creating easy transportation of goods from the interior to Charleston a port city.
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- The major goal of the building up of railroads in most states in the United States was to facilitate the transportation of goods from one place to another.
- After the building of the railroad was completed in South Carolina, it helped the manufacturers from the state to export their goods to many European countries via the Charleston port.
