Answer and Explanation:
<u>Capitalism:</u>
- based on individual rights
- economic system where trade and industry is owned privately by individuals to make money
- promotes differences within individuals based on their "class"
- countries with Capitalism usually have a Democracy
- individuals can freely choose their job
- profit/wages depend on an individual's willingness to put in work/effort
- Example: USA, Canada
<u>Communism:</u>
- based on community rights
- economic system where trade and industry is controlled by the entire community, money is shared based on an individual's abilities/needs
- promotes egalitarianism
- countries with Communism usually support Totalitarianism
- the state determines an individual's job/employment
- states provides all resources; businesses are owned by the state
- Example: (formerly) Soviet Union and (formerly) China during the Cultural Revolution
Have a lovely rest of your day/night, and good luck with your assignments! ♡
~ ren
Answer:
yes it can
Explanation:
Since budgeting allows you to create a spending plan for your money, it ensures that you will always have enough money for the things you need and the things that are important to you. Following a budget or spending plan will also keep you out of debt or help you work your way out of debt if you are currently in debt.
Answer:
The ability to grow sugar in Britain and France is an important concept as it eliminates the dependency on other regions for sugar. Also, it allows Britain and France to be able to grow a surplus of sugar and eventually implement it into their global market for trade and profit.
I Believe it was president Harry S. Truman
