Capitalist economic systems are typically more productive in the amount of resources they develop.
In a socialist economy, the government controls the means of production. This means they would determine how many goods/resources are needed for their citizens. However, in a capitalist society, the amount of goods/resources produced is dependent on the wants of the consumer. This allows businesses to curtail their production to the needs of the citizens rather than the government.
Answer:
stock market crashed, world trade stopped because people lost their jobs. nearly half of the country's banks failed. factories stopped production because, yet again, there was not enough pay for the workers because the banks failed, so they shut down.
Explanation:
it sucked.
Answer:
C. It regulated railroad rebates
Explanation:
The Elkins Act was established to amend the Interstate Commerce Act of 1887. its main purpose at the time was to regulate the railroad.
