In a communist economy, all economic activities are controlled by <span>individuals the business owners the government </span>.<span> Such economies are also known as </span><span>command economies market economies traditional economies </span><span>.
</span>
The main purpose of New Deal measures such as the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) was to<span>develop rules to limit speculation and safeguard savings </span>
enable the Federal Government to take over failing industries
<span>assure a guaranteed income for American families </span>
<span>provide immediate employment opportunities</span>
The modern Agricultural Revolution can be understood to refer to the introduction of machinery into revolution (= the start is the development of machines), which made the production more efficient and reliable.
Henry Ford is known as the godfather of the American car industry, even though Carl Benz invented the first vehicle in 1879.
Today, over 4.25 million people work directly within the automotive industry. Not only has car manufacturing become one of the largest industries in the world, it’s also been the driving force behind the growth in the oil and gas industry.
