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is an economic system characterized by the private * 1 points ownership…

Question

is an economic system characterized by the private 1 points ownership of capital goods, investments made by private decision (not by government directive) and success or failure determined by competition in the market. free enterprise system command system mixed system under the god created the state and gave those 3 points of royal birth the power to rule. the people were bound to obey their ruler as they would god. divine right theory evolutionary theory force theory

Explanation:

Brief Explanations
  • For the first question:
  • A free - enterprise system is defined by private ownership of capital goods, private - decision - based investments, and market - determined success or failure.
  • A command system has government - directed economic activities.
  • A mixed system combines elements of both private and government - controlled economic aspects.
  • For the second question:
  • The Divine Right Theory posits that God created the state and gave rulers (usually of royal birth) the power to rule, with people obligated to obey as they would God.
  • The Evolutionary Theory of the state focuses on the state evolving over time like a biological organism.
  • The Force Theory emphasizes the state being formed through force.

Answer:

  1. Free enterprise system
  2. Divine Right Theory