Answer:
For free market economy, we can explain it in 3 expects. First, because households are the 'owners' of productive resources, firms have to pay them for their resources in the resource market, they can produce everything they want, the type and amount of products are determined by every individual firms, but they should produce the goods and service that other companies or household want, and can make the maximum profits, more profits, more motive for the producers. Prices are determined by householders.
While For the centrally planned economy, (it is also called command economy), all the resources (land, labour and capital) in the market are allocated by government, and it makes all the productive decisions, including price determination, so, the centrally planned economy is a government-controlled economic situation. First, a centrally planned economy may choose to produce whatever the government decides is most crucial to meeting society's needs, the government should provide services and goods that can cater to the people's need. Like in the 19th and 20th centuries period, in China, Mao Zedong realized that China is under a low level of heavy industry, so he decided to develop it first, then the light industry, this decision is sensible and realistic.
is a primary source because is showed about prince dynasties
Henry Hudson's voyage had several impacts in the lives of Europeans as well as native Americans.
Explanation:
Henry Hudson's exploration of New York as well as the discovery of Hudson river motivated the Dutch to set up colonies here. After the first Dutch colony was set up in New Amsterdam, Dutch became increasingly interested in colonizing North America.
By trading the tools he had with the native Americans in exchange for their furs, Hudson's exploration influenced the lives of native Americans too. They gained better access to technology and had better weapons in possession.
Answer:
Epistemology
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Epistemología
Explanation:
Qué teoría del conocimiento logra responder de mejor forma el problema del conocimiento me ayudam:(
"The Civil War encouraged industrial growth by challenging industries to make products more quickly and efficiently than they had been made before."
