There were two major peaks of defense spending in the 20th century: World War 1
Answer:
The correct answer is C. Capitalism was based in what individuals choose to buy and sell.
Explanation:
Capitalism is an economic system based on investing money in the expectation of making a profit. The means of production are usually privately owned by private entrepreneurs who often use wage labor to create added value. They enjoy a great deal of legal freedom to dispose of these resources, the free enterprise-based production. This freedom also means that there is competition, which means that entrepreneurs have an interest in increasing the efficiency of their business. Therefore, the capital owner will not fully consume the profit, but reinvest in the enterprise and capital accumulation takes place. The distribution of products is regulated by the market, in which the role of the government is (in principle) limited to that of market master.
A<span> Bench T</span>rial<span> is a t</span>rial <span>without a jury in which a judge decides the facts.</span>
The US would like to trade more with China, which is reasonable, because
1) the US already imports many Chinese products, which shows our demand for chinese-made products
2) the US also exports many products to China, and with China having a large population, more profits can be earned from there
Hope this helps
