Geography College

Buying cars and
eating food
Free-market
economic
system, like in
the United States
Manufacture of
cars and food
When people and
companies
decide how
much to pay for
something or
how much to
charge
?
?
Production
Consumption
Free-market system
Capitalism

Answers

Answer 1

Answer:

Capitalism

Explanation:

Related Questions

A government which holds total power over a country, affecting both the economy & society, is know as a_______state.

Answers

A government that holds total power over a country, affecting both the economy and society, is known as an authoritarian state.

In an authoritarian state, power is concentrated in the hands of a single individual or a small group of individuals who exercise control over all aspects of governance and decision-making. This type of government often suppresses political dissent, restricts civil liberties, and maintains strict control over the economy.

In an authoritarian state, the government's influence extends beyond political matters and into the economic and social realms. The state exerts control over industries, trade, and resources, often implementing central planning and state ownership of key sectors. Individual freedoms and rights may be curtailed, with limited political participation and freedom of expression. Censorship and surveillance are commonly used to maintain control and suppress opposition.

Authoritarian states can have varying degrees of control, ranging from mild to extreme, but they all share the common characteristic of centralized power and limited individual freedoms. These states often prioritize stability and control over individual liberties and democratic processes, leading to significant challenges in achieving political pluralism, economic diversification, and social progress.

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