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America was founded with the goal of freedom from too much government interference in the lives of citizens. Capitalism is a continuation of that goal, in that capitalism acknowledges the right of individuals when it comes to business and earning money with as little government interference as possible.
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What best describes the economic difference between the north and south just prior to the civil war?
Transportation systems were more developed in the North than in the South.
Around 1000 AD which of these systems was the characteristic form of economic and social organization in northwestern Europe?
Feudal
What are Anarchists?
Anarchists hold different views as to the economic and legal organisation of society; some favour collectivist anarchism, anarcho-syndicalism or participatory economics while others support market systems like mutualism, agorism, or anarcho-capitalism. Others, such as anarcho-communists and post left anarchists prefer no solid form of organization. According to The Oxford Companion to Philosophy, "there is no single defining position that all anarchists hold, beyond their rejection of compulsory government, and those considered anarchists at best share a certain family resemblance". Anarchist schools of thought differ fundamentally, supporting anything from extreme individualism to complete collectivism. Some anarchists have opposed coercion, while others have supported it, particularly in the form of violent revolution on the path to anarchy or utopia.
What was a major cause of the growth of state and federal highway systems after World War 2 was the?
A major cause of the growth of state and federal highway systems after World War II was the increasing automobile ownership and the subsequent demand for efficient transportation. Additionally, the Federal-Aid Highway Act of 1956 played a crucial role by providing funding for the Interstate Highway System, which aimed to connect major cities and improve national defense. This investment facilitated suburban expansion and economic growth, further encouraging highway development across the United States.
What systems replaced the plantation system in th south?
Sharecropping and Tenant farming were two systems that replaced the plantation system in the south after the Civil War.
Why is capitalism called an efficient economic system?
Cause of its comparison to the other economic systems.
What are two major econmic systems?
Capitalism, socialism, and communism are major economic systems.
What are three main economic systems of the world?
Communism, capitalism, and socialism.capitalism
What two economic systems have African leaders advocate?
Capitalism and Socialism
What are two general types of economic systems that exist today?
Capitalism and capitalism: wages system, production for use, minority ownership of the means of production.
What two economic systems clashed during the cold war?
communism and capitalism
Three types of economic systems?
There are many types of economic systems, but three of the most common are listed here.capitalist economic systemsocialist economic systemmixed economic system
What is the definition of industrial capitalism and how has it shaped modern economic systems?
Industrial capitalism is an economic system where private individuals or corporations own and operate businesses for profit, using industrial production methods. It has shaped modern economic systems by promoting competition, innovation, and efficiency, leading to economic growth and technological advancements.
Why are capitalism communism and socialism often misunderstood?
They represent ideas about both political and economic systems.
Three main economic systems of the world today?
Just different versions of capitalism, with varying degrees of state interference.
In which type of economic system does the government make no economic decisions?
There are several such systems, but the most popular is the laissez-faire system.
What type of economic systems does papua new guinea?
Papua New Guinea has a capitalism based economy.
