Answer:
The essential elements of market economies are private property, specialization, consumer sovereignty, seller competition, seller profit, voluntary exchange, and minimal government involvement.
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They were established by agreements between political or social entities who control those areas (kings etc.)
Im Going To Tell You The Same Thing I Told You Last Time
Answer:
The United States never joined the League. Most historians hold that the League operated much less effectively without U.S. participation than it would have otherwise.
What is the moral of the passage? It is important to think clearly in dangerous situations. Leopards are afraid to come near fire. Older people are wiser than young people