Answer:
False
Explanation:
The characteristic of a capitalist economy is private ownership of businesses and means of production. It depends on free market for income prices and distribution of goods. while a socialist economy is characterised by government intervention for allocating the resources among its populations, prices are determined by the government.
Most of the countries today are mixed economies in which features of both capitalist and socialist economies are utilised as pure free market economies are prone to slowdowns, such a slowdown started in October 1929 in US. After that US government started to intervene in economic activities to achieve social aims. Mixed economies maintain private ownership and control of the means of production under government regulation, some industries are also under government control to produce public goods.
<em>US is a mixed economy.</em>
To spread Christianity. The Jesuits were a big part of this spread too.
Answer:
START I was the first treaty to provide for deep reductions of U.S. and Soviet/Russian strategic nuclear weapons. It played an indispensable role in ensuring the predictability and stability of the strategic balance and serving as a framework for even deeper reductions.
Explanation:
Answer:
A problems in Sub-Saharan African nations to which the United States and Great Britain contribute foreign aid to solve problems is described below in detail.
Explanation:
There are several underlying reasons, such as aid dependence, bad financial administration of the beneficiary nations, corruption and poor coordination and collaboration among aid companies, etc. Many researchers find that international aid has a negative impact on growth. Money from wealthy nations has caught many African countries in a cycle of corruption, impedes economic increase, and poverty.
