Questions

Capitalism is an economic system followed by a country or a society which is characterized by Privately owned businesses, a market economy and profits.

Capitalism is defined as "production for exchange" driven by the desire for personal accumulation of money receipts in such exchanges, mediated by free markets. The markets themselves are driven by the needs and wants of consumers and those of society as a whole in the form of the bourgeois state.

Rio Olympics were held in  Rio de Janeiro, Brazil, from 5 August to 21 August 2016.

• Athletes : 11303
• Countries : 207
• Events : 306

Permanent hardness of water may be removed by the addition of Sodium Carbonate.

Economic resources include land, labour, capital and entrepreneurship. 

Entrepreneurship is also considered an economic resource because individuals are responsible for creating businesses and moving economic resources in the business environment.

These economic resources are also called as Factors of production.

Oligopoly is market structure where a small number of large firms are there. Oligopolistic industries are characterized by a few dominant firms and substantial entry barriers.

In the middle of the 6th centuryB.C, a powerful empire was established in Iran this empire which lasted over two centuries is known as the Achaemenid Empire. The founder of this Empire was Cyrus with his capital at pasargadae. In 539 B.C, cyrus defeated the Babylonians and extended his empire over a vast territory up to Asia Miner. His successor was Darius I (522-486 B.C).

A lower Quality Score on the Search Network.