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>
Answer:
The first part of North Carolina to be settled by European Americans was the Albemarle.
Ken Horne was a resident of San Francisco and is reported to be the first to have it
The correct answer to this open question is the following.
The Second Great Awakening remade the nation’s religious landscapes in that most Protestant Churches attracted many new, active members that were in need of new internal connection with God and wanted to be better persons and deliver more benevolent acts. The Second Great Awakening religious values inspired American people to work to change society through compassion, respect, and acts of charity and justice. It was a time of renown preachers and powerful speeches that hit the heart of the followers. The common message of the preachers was that society could be improved through these benevolent acts and that salvation was up to the individual and its decisions. That is why he/she must act correctly, doing the right thing.
