In addition to the factors in the box, industrialization requires ___
[People with strong managerial skills
Capital for invesment in industry
many new graduates searching for jobs]
a. access to plentiful natural resources <---?
b. lots of houses and apartments to accommodate workers
c. benefits and insurance for workers
Which economic system is based on private ownership of land and resources?
capitalism <---
communism
socialism
Who controls property and the distribution of income in a socialist system?
government <----
individual entrepreneurs
market forces
Which area of Europe experiences mild, rainy winters and cool, damp summers?
Eastern Europe
Southern Europe
Northwestern Europe <---
What are socialism, communism, and capitalism?
A. economic and political theories that developed to cope with the Great Depression
B.economic and political theories developed in the eighteenth and nineteenth centuries <---B
C.methods of organizing industry and international trade
I agree with all of your answers.
Thank you :)
You're welcome.
:-)
To answer the first question, factors needed for industrialization include capital for investment in industry, people with strong managerial skills, and many new graduates searching for jobs. In addition to these factors, access to plentiful natural resources is also necessary. This can include things like minerals, energy sources, and raw materials.
The economic system that is based on private ownership of land and resources is capitalism. In a capitalist system, individuals and businesses have the right to own and control property, make decisions about production and consumption, and compete in the market.
In a socialist system, the government controls property and the distribution of income. This means that resources and industries are commonly owned and controlled by the state, and the government plays a large role in determining how income is distributed among the population.
The area of Europe that experiences mild, rainy winters and cool, damp summers is Northwestern Europe. This region includes countries such as the United Kingdom, Ireland, Belgium, the Netherlands, and parts of France and Germany.
Socialism, communism, and capitalism are economic and political theories that were developed in the eighteenth and nineteenth centuries. They are methods of organizing industry and international trade, as well as ways of governing and allocating resources in a society. Each of these systems has its own characteristics and principles that shape how economic activities are conducted and how resources are distributed.