Lol why did the British call
Chandragupta Mayura first conquered the continent ( so by conquering could be an option), but then managed to introduce long-termn changes by reforms which lead to the modernization of the subcontinent, which is the right answer.
Answer:
i feel bad for laughing, sorry. it's probably because of your position relative to his. when you put your fingers like that, it will appear to be smaller lol XD.
Explanation:
This economic system is called<em> socialism.</em>
Socialism is an economic system where everyone in the society equally owns the factors of production. The ownership as such is in the hands of the<em> government</em> that controls all means of production and distribution of goods.
The factors of production are : land, labor, capital and entrepreneurship.
In a socialistic economy, the land is owned by the state and private property is limited and difficult to obtain. Labor is heavily regulated and most people are employed in state-owned companies. Workers do not have many rights and they have to obey the government which also decides what is being produced and in which capacity ( planned economy ).
Socialism does not reward people for being entrepreneurial and competitive as competition is no existing and everybody reaps the same benefits of their work.
