Most people in Central Africa are commercial farmers.
The differences between Henry Ford and Alfred Sloan are b. Sloan focused his production on styles and types of cars, while Ford focused on producing less expensive cars.
<h3>Who are Henry Ford and Alfred Sloan?</h3>
Henry Ford was an entrepreneur who championed and revolutionized factory production with his assembly-line methods.
On the other hand, Alfred Sloan was the CEO of General Motors and masterminded the rise of General Motors as a global producer of vehicles.
However, Sloan went for expensive and stylish vehicles, while Ford reduced costs, making cars more affordable.
Thus, the differences between Henry Ford and Alfred Sloan are expressed by <u>Option B</u>.
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Answer:
Slave trade were a triangle beacuse it was from africa america and other place and they would get sent in a boat tegther
Answer:
K) private ownership and limited government interference.
Explanation:
An economy is a function of how money, means of production and resources (raw materials) are carefully used to facilitate the demands and supply of goods and services to meet the unending needs or requirements of the consumers.
Basically, there are four (4) main types of economy and these are;
I. Mixed economy.
II. Free-enterprise (capitalist) economy.
III. Traditional economy.
IV. Command economy.
A free-enterprise economy also referred to as capitalism or free market can be defined as a type of economy in which prices, products and services are being determined by the market rather than the government. Thus, a free-enterprise economy is devoid (free) of government regulations, interference or control because the market (enterprises) are the ones who are saddled with the responsibility of determining the market forces.
Simply stated, a free-enterprise system is a type of economy that is completely driven by demand and supply of goods and services.
Hence, a capitalist or free enterprise economy is often characterized by private ownership and limited government interference.
Communist state: the end of capitalist exploitation of the workers by the middle classes, the end of nationalism - as all workers share a similar culture and <span>nationalism is a capitalist construct and the end of exploitation by the ruling class</span>
