Answer:
C. oligarchy
Explanation:
Just took the test, got 100%
What role does private ownership play in a market economy?
Answer:
B. It motivates people and businesses to buy property
Explanation:
A market economy a form of economic system that a situation in which economic decisions that deals with the pricing of goods and services are guided by price factors created by the forces of supply and demand.
In other words, market economy is a type of economic system where the forces of supply and demand dictate the economy, instead of government intervention.
Hence, in a market economy, the role of private ownership is that, it motivates people and business to buy properties.
Due to limitation of government intervnetion in the economy, while the goods and services produced in the economy are owned privately, this in turn makes private ownership, together with the freedom to negotiate legally binding contracts, mktivates and permits people and businesses to get and use resources as they choose.
Also, due to the freedom of buying and selling of what individual may needs or wants, this system of economy motivates, various segement of the economy such as Consumers to freely buy the goods and services that best fill their interests, or Workers are to freely seek any jobs for which they are qualified and willing to work for.
Answer:
Libya and Mali
Explanation:
Libya and Mali are the African countries that have the term “in transition amid ongoing conflict” as a term that defines their political systems.
This is because these countries do not have a defined political system, but there is a conflict between several ideological groups, who defend different policies and compete for the governmental power of the country. Unfortunately, these conflicts are very harmful in a social and economic way, as well as political, which leaves the country very weak and an easy target for profiteers.
The answer is letter A. James Madison proposed the Three-Fifths Compromise which is a deal the delegates from the southern states and the northern states during 1787 in the United States Constitutional Convention. The debate was focused on how slaves will counted when determining the a state's total population.
