All of Korea would have been communist and much of what you see today with North Korea would probably have been the state of all Korea had the North won.
It also would have spread communism to a much farther degree and the U.S. would not have South Korea as an ally.
In South Carolina, the Patriots and Loyalists were approximately 50% each. Loyalists and the Cherokee in the colony fought with the British. Patriots joined the Revolutionary forces.
Answer:
Most were located in the Northeast because merchants there had money to invest in new mills. Also, this region had many rivers that provided a reliable supply of power. In the South, investors concentrated on expanding agriculture.
Answer:
Both the economies are essential. However monetarily, capitalism provides greater benefits
Explanation:
Capitalism and socialism are forms of formal economies which operate under certain policies and regulations.
While Capitalism issues economic freedom & growth and consumer choices socialism talks about social welfare and reduces business fluctuation. Socialism is governed by the government bodies.
Capitalism is market based and the major intention is to earn profit out of all goods and services produced. In this economy, government has no major role except in devising policies
Socialism talks about production by public enterprises and selling the goods and services at compensated rates to benefit individuals