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Is Portugal communism socialism or capitalism?
No. Communist don't have much power.
What type of economic system do individuals own most of the businesses?
Capitalism
What is an economic system in which most of the economy's resources are privately owned and managed?
capitalism.
Is government ownership of most productive resources is a characteristic of capitalism?
It’s characteristic of state capitalism, but not of most forms of capitalism.
What were some of the effects of the New Deal on African Americans?
It preserved capitalism It increased the power of the federal government. It created a long-lasting social safety net.
What are the two most important aspects of capitalism?
The two most important aspects of capitalism would first be the private ownership of the means of production. That is, land, factories, etc. are not owned by everyone but are owned by a few, the capitalists. The workers must try to sell their labour power to the capitalists in order to survive. Secondly, the driving force of capitalism is the accumulation of capital for the sake of the further accumulation of capital. It must grow and expand at whatever cost, otherwise a crisis will promptly follow.
Which economy do most countries operate by?
Capitalism.
What does haiti need most?
force Capitalism.
What is the most distinctive feature of capitalism?
growth
What is the economic system in which most economic activity occurs in the private sector where business is conducted by individuals or organizations in order to make a profit?
capitalism
Which ideology is most in favor of free trade?
Capitalism
What economic system is most similar to mercantilism?
capitalism
