Which type of economy does this describe: Individuals own businesses and freely choose what to buy and sell in free markets with little government interference.

Answers

Answer 1

The correct answer to this open question is the following.

The type of economy that this statement describes is Capitalism.

In Capitalism, individuals own businesses and freely choose what to buy and sell in free markets with little government interference.

Just to make a comparison, in Socialism, the state is the owner of the means of production and they establish what to produce, when to produce it, at what price, and the salary of the workers.

That is not the case in Capitalism, where people can invest their money to make a profit and the harder they work, the better their results.

Capitalism operates in a free market, where there can be as many competitors as they can enter, and consumers have many elections to choose from.


Related Questions

Refer to the two passages.
Source 1:
"But though men, when they enter into society, give up the equality, liberty, and executive power they had in the state of nature, into the hands of the society, to be so far disposed of by the legislative, as the good of the society shall require; yet it being only with an intention in every one the better to preserve himself, his liberty and property; . . . the power of the society, or legislative constituted by them, can never be supposed to extend farther, than the common good; but is obliged to secure every one's property, by providing against those three defects above mentioned, that made the state of nature so unsafe and uneasy. And so whoever has the legislative or supreme power of any commonwealth, is bound to govern by established standing laws, promulgated and known to the people, and not by extemporary decrees; by indifferent and upright judges, who are to decide controversies by those laws; and to employ the force of the community at home, only in the execution of such laws, or abroad to prevent or redress foreign injuries, and secure the community from inroads and invasion. And all this to be directed to no other end, but the peace, safety, and public good of the people.”
Excerpt from "Second Treatise of Government,” an Enlightenment writing by John Locke, 1690

Source 2:
"That all men are created equal; that they are endowed by their Creator with certain unalienable rights; that among these are life, liberty, and the pursuit of happiness; that, to secure these rights, governments are instituted among men, deriving their just powers from the consent of the governed; that whenever any form of government becomes destructive of these ends, it is the right of the people to alter or to abolish it, and to institute new government . . .”
Excerpt from the Declaration of Independence, a fundamental document of the American Revolution, 1776

The principles of the Enlightenment reflected in the passages most directly led to which of the following developments in the relationship between the government and the citizen?
a) Governments take citizens’ property for public benefit.
b) Governments and citizens check one another’s power.
c) Citizens should expect governments to protect their rights.
d) Citizens have an obligation to overthrow monarchies.

Answers

Answer:

B) Governments and citizens check one another's power

Explanation:

The second article talks about how the government keeps powerful people in check, and the latter half of it talks about how if the government is corrupt and isn't serving to protect the 3 liberties of the people then the people have a right to overthrow the unjust ruling.

Answer:

b

Explanation:

American government
Branches

Answers

Answer:

The Federal Government is composed of three distinct branches: legislative , executive , and judicial ,

Explanation:

Legislative, executive, and judicial

What was the African Americans reaction to ww2

Answers

Answer:

Well the african Americans lost a lot of their very own land. First Hitler basically took over their resources, than the allies took over some of Africa’s resources and they were rich, from oil to natural gases. It was seen as money to the rich countries, but the afri an Americans saw this as they were taking advantage of a significantly weakened Africa to use them for money and nt pay back any of it thinking they won The land in the war. Many African Americans also fought in the war and were still being disciriminaated after fighting for their country. The equal rights momey already started, it was just going very slow, world war 2 helped move along the ways of equal rights.

Read the summary of the contemporary novel Jurassic Park.

A wealthy businessman uses modern DNA technology to bring dinosaurs back from extinction. He breeds many varieties of dinosaurs and plans to open a theme park where visitors can see them. However, the dinosaurs soon escape their pens and wreak havoc across the park, resulting in death and destruction.
How did Ancient Greek mythological literature most likely influence this story?

A.through the emphasis on scientific advances

B.through the use of frightening creatures

C.through the emphasis on natural settings

D.through the use of everyday occupations

Answers

Answer:

a

Explanation:

i took the test

What is the issue or question brought before the Supreme Court?

Answers

Explanation:

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In the Middle Ages, European monarchs claimed
to rule by "divine right". What purpose was
served by this claim?
A. It enabled the separation of church and state.
B. It enabled rulers to seize church lands.
C.
It demonstrated that religion was stronger than
political power.
D. It strengthened the monarch's authority to
rule.

Answers

Answer:

D. It strengthened the monarch's authority to  rule.

Explanation:

The divine right was essentially the foundation in which the government was in place. Remember, many people in the European lands were deeply religious. To connect the standing government with the permission of the divine, would ensure that the people follow them for fear of the wrath of the God(s).

~

The biggest failure of the Latin American Revolution was the failure to unite immediately after gaining independence. What is believed to be the biggest hurdle to this unification?

Answers

Answer:

Unable to overcome regionalism

Explantion: so the efforts to create a unified Spanish-speaking Latin America failed. In addition, the problems associated with communicating over such a large area increased the difficulties of unification. ... During America's Civil War, the French invaded and ruled Mexico.

Describe the methods/modes of trade you would use: land, sea, air? Think about how you would seek out trade partners and get your goods where they need to go? Write a paragraph explaining your method of trade, how you would find trade partners and how you would transport your goods.

Answers

The correct answer to this open question is the following.

The methods or modes of trade that I would use would be the three of them: land, sea, air. Because every method serves a different purpose, depending on the goods that are going to be traded and the place that I need them to export. It could be a close country or a faraway nation.

I would seek out trade partners taking into consideration my needs as a nation and on the other hand, taking into consideration the goods that my country produces and the raw materials to produce them.

I would have negotiations with other nations to reach an agreement that could benefit both in order to start and maintain proper trade.

And depending on the goods I am going to trade, I would pick the right kind of transportation: airplane cargo, ship, or train/truck.

I NEED HELP FAST
- what is the form of government that the bolsheviks create in 1992?

Answers

Answer:

The small, elite group of Bolshevik revolutionaries which formed the core of the newly established Communist Party dictatorship ruled by decree, enforced with terror. This tradition of tight centralization, with decision-making concentrated at the highest party levels, reached new dimensions under Joseph Stalin.

Explanation:

Answer:

The small, elite group of Bolshevik revolutionaries which formed the core of the newly established Communist Party dictatorship ruled by decree, enforced with terror. This tradition of tight centralization, with decision-making concentrated at the highest party levels, reached new dimensions under Joseph Stalin.

which section of the constitution contains the bill of rights
A. Article 1
B. The bill of rights is not part of the constitution, but rather was an act of Congress that was signed into law by George Washington
C. The bill of rights is not part of the original constitution, but consists of the first ten amendments
D. Article IV

Answers

Answer The ratified Articles (Articles 3–12) constitute the first 10 amendments of the Constitution, or the U.S. Bill of Rights.

Explanation:

Hope this helps!

If the Supreme Court never reversed its decision in Plessy v. Ferguson and did not hear the Brown v Board of Education case,how would our community be different ?

Answers

Answer:

White communities and the communities of colored people would be going to different or separate schools entirely.

Explanation:

In the case of Plessy V Ferguson in 1896. The Supreme court ruled that school segregation based on race was lawful. In as much the facilities are the same.

However, in 1956, in the case of Brown v. Board of Education, the Supreme Court reversed the ruling of Plessy V Ferguson and ruled that segregation of children in public schools based on race was unconstitutional.

Hence, If the Supreme Court never reversed its decision in Plessy v. Ferguson and did not hear the Brown v Board of Education case, our community be would be having "White communities and the communities of colored people going to different or separate schools entirely."

One major reason the United States Senate refused to approve the Treaty of Versailles after World War I was that many senators?

Answers

Answer:

Senators were unsure about the implications this would bring to the United States in relation to relations with foreign countries.

Explanation:

As you may already know, the Versailles Treaty was the peace treaty established after the First World War. This treaty allowed the winning nations to establish very heavy reprisals for the losing nations, especially Germany, which fell victim to extremely radical policies.

The nature of this treaty worried many American senators. That's because they believed that such harsh policies could damage the US's relations with losing countries and even with other countries.

where did Christmas originate and what year?

Answers

Answer:

The celebration of Christmas started in Rome about 336, but it did not become a major Christian festival until the 9th century.

Christmas is the day that Jesus Christ was born. It started in rome though, in 336. It didn’t become a major Christian festival until the 9th century

What did General Butler’s order from July 1862 state? Check all that apply. Union troops were allowed to take property from Confederates. Southern teachers were required to pledge allegiance to the Union. New Orleans’s schools were required to use Union textbooks. Union troops were allowed to disrespect Southern women. Southern women were required to show respect to Union troops.

Answers

Answer:

The last two choices are correct

Explanation:

Crucifixion was a Roman form of death.


True or False

Answers

Answer: true

Explanation: the romans considered it the most humiliating and gruesome death.

What was the basic for establishing a good society according to Confucius?​

Answers

Answer:

Establishing a society around five basic relationships.

Explanation:

Confucius was an ancient Chinese philosopher. He lived between 551 to 479 BCE. He was widely known for his philosophical belief and thoughts which was later termed as Confucius.

While alive, he suggested the basic things to do for establishing a good society.

According to him, he concluded that "establishing a society around five basic relationships" that were controlled by certain codes, is a prerequisite to establishing a good society.

These five basic relationships are:

1. Ruler - Subject relationship

2. Father - Son relationship

3. Husband - Wife relationship

4. Older Brother - Younger Brother relationship

5. Friend - Friend relationship

Chapter 2 Quote Analysis- Analyzing Victor's Childhood

Example: "I feel the exquisite pleasure in dwelling on the recollections of
childhood, before misfortune had tainted my mind, and changed its bright visions
of extensive usefulness into gloomy and narrow reflections upon sell....Natural
philosophy is the genius that has regulated my fate; I desire, therefore, in this
narration, to state those facts which led to my predilection for that science"

(Paragraph 6 Chapter 2)
Analysis:

Victor acknowledges here that the joys of a happy childhood do not
continue into adulthood and it is his love of science that has led to his life of
despair. He refers to his pursuit of knowledge as “misfortune" and the cause of
misery. It "swept away all my hopes and joys." He explains that he will now tell
his story of how this pursuit and love of science began. Interestingly he believes
that this pursuit of science is his destiny, his fate. He mentions this idea in several
ways throughout the passage,


Directions: Find a quote from the text that shows Victor's childhood analyze that quote
in 4-5 sentences,


I need answers ASAP

Answers

Answer:

Chapter 2 Quote Analysis- Analyzing Victor's Childhood

Example: "I feel the exquisite pleasure in dwelling on the recollections of

childhood, before misfortune had tainted my mind, and changed its bright visions

of extensive usefulness into gloomy and narrow reflections upon sell....Natural

philosophy is the genius that has regulated my fate; I desire, therefore, in this

narration, to state those facts which led to my predilection for that science"

(Paragraph 6 Chapter 2)

Analysis:

Victor acknowledges here that the joys of a happy childhood do not

continue into adulthood and it is his love of science that has led to his life of

despair. He refers to his pursuit of knowledge as “misfortune" and the cause of

misery. It "swept away all my hopes and joys." He explains that he will now tell

his story of how this pursuit and love of science began. Interestingly he believes

that this pursuit of science is his destiny, his fate. He mentions this idea in several

ways throughout the passage,

Directions: Find a quote from the text that shows Victor's childhood analyze that quote

in 4-5 sentences,

I need answers ASAP

How did the Gettysburg address and the Emancipation Proclamation change the focus and people’s perspective of the Civil War?

Question 2 options:

It made the war strictly about secession and holding the Union together.


They gave the North a moral high ground by freeing the slaves and fighting for the sake of preserving freedom and democracy.


These documents redefined America's government structure for when the war ends.


They made the Union focus their efforts on an offensive strategy to bring a quick end to the war.

Answers

Answer:

I believe it’s number 2

Explanation:

Before the Gettysburg Address and the emancipation proclamation, the war was simply about the South’s succession from the Union. This address gave the war another purpose...freeing slaves. This obviously outraged the south as many of them were slave owners and their way of life depended on slaves. Slave ownership is disgusting to us now, but back then it wasn’t. When Europeans came to the Americas, they even had to come up with a reason to disregard their religion to use slaves, which led to the idea that those with darker colored skin were somehow lesser than those with lighter skin. This is also interesting since until the Portuguese started their trading post empire in the Indian Ocean, and Europe started colonizing the Americas, Europeans were behind the rest of the world economically. The Colombian exchange set into motion this entire idea that darker skin was worse than lighter skin. Anyway, sorry for the history lesson!

Thank you AP World, and thank you Heimler’s History!

I beg you please tell me the right answer please if you help me I’ll mark you as smart give you a thank mark and give you credit please please

Answers

I think A
Hope it help
The answer Is A hope it helped!

In this poem, to whom is "l" referring, and to whom is
"they" referring, metaphorically?
"T" refers to a child, and "they" refers to parents.
O"" refers to a young man, and "they" refers to a rich
family.
"I" refers to African Americans, and "they" refers to
white Americans.
O "T" refers to African Americans, and "they" refers to
the American government.

Answers

Answer:

"I" refers to African Americans, and "they" refers to white Americans.

Explanation:

edge2020

Answer: C

Explanation: I took it on edge and got it correct

how did the mountain ranges in the western and northern parts of china affect its development

Answers

Answer:

-They isolated ancient China from neighboring cultures.

Explanation:

Answer:

the mountains isolated china from neighboring areas. it also started there development of terrace farming. the mountains had the capability of placing the walls on them for extra protections and buildings atop the mountains made for great vantage points.

Explanation:

please answer up questions

I will mark as brainliest ​

Answers

I only understand English

Executive Branch
Office of the President

Number of Members


Length of Term

Are members elected or
appointed?

Age Requirement

Citizenship Requirement

Two or More Powers of This
Branch of Government

Answers

Answer:23424242423242

4234242

23

2

3

44

Explanation:

Answer:

The president and vice president  make up the executive branch.

The members of the executive branch serve four-year terms.

The president can appoint cabinet   members.

The president is elected by the electoral college  .

Explanation:

If anyone is having trouble with WW1 or WW2 history feel free to contact me. :)

Answers

Answer:

okkkkkkkkkl I will contact you if a have any trouble

Look at these maps from the 2008 C and 2012 presidential elections. In the space provided, note the differences and similarities between
the two maps. Are certain regions more Democratic and some more Republican? What other interesting points do you recognize about the maps?

Answers

Answer:

The west coast always seems to be democratic, a good portion of upper east coast seemed to stay democratic, the majority of the southern states are republican, a lot of the mountain region states tend to be republican, a good portion of the Midwest is democratic, and I noticed that the number of electoral votes per state changed (some got more and some lost votes)

Explanation:

I can read maps.

Answer:

There are very few differences between the two maps. Both show that the Northeast, Midwest, and West Coast are blue, which means these states voted for Barack Obama in both elections. The South, the Great Plains, and the Rocky Mountain regions, however, are red in both elections, meaning these states were won by the Republican candidate. In the 2012 map, Barack Obama won almost the exact same states as in the 2008 election. The only states that voted differently are Indiana and North Carolina.

Explanation:

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Answers

Ooooooooooooooop Imao

Answer:

Hello, <3

God and Jesus are more then Amazing:)

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who was nebuchadnezzar ii and what did he do

Answers

Answer:

Nebuchadnezzar II, also spelled Nebuchadrezzar II, (born c. 630—died c. 561 bce), second and greatest king of the Chaldean dynasty of Babylonia (reigned c. 605– c. 561 bce). He was known for his military might, the splendour of his capital, Babylon, and his important part in Jewish history.

Explanation:

Please help ; w ;
if correct i will mark brainly
but there must be 2 answers
and explain why please
and I hope you are having a fantastic day UwU

Answers

Answer:

U.S. victory in the war produced a peace treaty that compelled the Spanish to relinquish claims on Cuba, and to cede sovereignty over Guam, Puerto Rico, and the Philippines to the United States. The United States also annexed the independent state of Hawaii during the conflict.

Explanation:

Answer is B

I agree the answer is B.

How did ancient China begin to move away from bartering, or directly exchanging goods? In
other words, how did the ancient Chinese make sure the amounts of items traded were equal and fair

Will give brainliest!!!

Answers

Answer:

they started to use bronze coins instead of bartering and there was more of a demand for goods, so they made more and they shipped it to the places and then they received the payment

Explanation:

im actually doing a project and thats just my answer it might be wrong, sorry if it is-

Answer:

Ancient China began to move away from bartering when they started to use bronze coins. The ancient Chinese people made more and they shipped to it the places and then they received the payment

Explanation:

A pair of geographic features in the Northwest Territory that made it attractive for settlement in the late 1700s was its

Answers

Answer:

A) Rivers and Lakes

Explanation:

I got this question right on Edge.

Sorry If I got back too late but either way I'm sure you will/did great! :D

Answer:

A pair of geographic features in the Northwest Territory that made it attractive for settlement in the late 1700s was its

Explanation:

A). Rivers and Lakes

Hope this helps<3

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Which of the following chemical formulas CANNOT be simplified into an empirical formula? a) C4H16O5b) N8H4F4c) Ca2Br4d) Mg5I10 Which table represents a land feature or geologic process that occurs at each type of boundary pictured? The number of chairs in the classroom is twice the number of tables plus six. If there are thirty-six pieces of furniture in the classroom between chairs and tables, how many chairs and tables are there? Which of these sentences gives the best description of the American identity? The concept of an American identity is something that has changed over time. The American identity is something that people rarely write about. The literature of America has always captured the diversity of the country. Help plz plz plz plz plz !!! PLEASE HELP!!!!Translate this sentence into an equation:The sum of 2 times a number and 7 equals 5- Use the variable c for the unknown number. If the point A is located at (2, 3) and A' is the image of A after being rotated about the origin by 90 (counter clockwise). What are the coordinates of A'? what is in injury through the skin, such as a needle stick Requests to retrieve data written in a language such as SQL are calledA. DataB.queries Which point best represents 10 Solve for x: x - 24 = 25 * I need helpsorry to use your timeWhere did Britain and other industrialized nations get most of the raw materials they needed to make goodsa. indiab. their coloniesc. from within their own bordersd. china Elizabeth uses 34.95 ounces of granola for 15 servings of trail mix. If each serving contains the same amount of granola, how much granola is in each serving? In 1-3 sentences, explain the structure and function of an enzyme. When purchasing toys, it is important to choose safe toys which are appropriate for the childs age and- In China, this meant that children had to respect their parents and older relatives. *a. Karmab. Filial Pietyc. Courtesyd. Chinese Custom What features do web development tools provide?Web development tools come with several features to ease the process of building websites. Templates allow you toexperiment with a ___Plug-ins allow you to___ How does the above description contrast with early mining operations in the American West?This is gold mining today, the ads proclaimbeautiful hills, waving fields of grass, prancing mule deer, a glimmering lake . . .T.H. Watkins, "Hard Rock Legacy," National Geographic, March 2000 Why did girls like Mary S. Paul work in mills?A: They were proud of the textiles they were creating B: They were happy to earn their own wagesC: They had opportunities to effect social reformD: They had the freedom to live without social restrictions Write about winter.Example:A Fall DisplayIn some parts of this country, Fall is the most colorful season of the year. It is the time when leaves change color. As colder temperatures blow in the green leaves are transformed into beautiful shades of yellow, red, and orange. How splendid and colorful the fall leaves become depends on what the weather was like in the summer. When summer brings warm, sunny days and crisp cool nights, the leaves in fall are more colorful. Rain also plays a role. If it rains too much or not enough over the summer the fall leaves may not be as bright. Many people will enjoy outside to see fall's beautiful display of color. But do you know what happens next? All of those beautiful leaves fall out of the trees. And then its time to bring out the rake!