Only a few sellers, each offering a similar or identical product to the others. Monopolistic Competition. Many firms selling products that are similar but not identical. A duopoly is an oligopoly with only two members.
<span>On April 2, 1917, President Woodrow Wilson asked Congress to declare war against Germany, saying, “The world must be made safe for democracy.” Four days later, Congress voted overwhelmingly in favor of a war declaration.</span>
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The main difference is that under communism, most property and economic resources are owned and controlled by the state (rather than individual citizens); under socialism, all citizens share equally in economic resources as allocated by a democratically-elected governme
On the British ships the conditions were horrible. there was a lack of supplies and food and sailors feared they could die.
