US Navy Down to Five Aircraft Carriers at Sea, None in the Mideast. Sailors take photos on the flight deck as aircraft carrier USS George Washington (CVN 73) transits the Strait of Magellan on Nov. 1, 2015, as part of the exercise Southern Seas 2015. (U.S. Navy photo by Bryan Mai)
The _____ model is founded in classic economic precepts. The shareholder model is founded in classic economic precepts. Expert answered|matahari|Points 3634|. Log in to see link for more information.
The two most common are capitalism and socialism. They are very different in how they view who runs the economy. Most economies have ideas from both systems, but tend to be more of one than the other. Capitalism is the economic system based on private or corporate ownership of, production and distribution of goods. It has always existed to some extent in all civilizations but was written about formally by Adam Smith in his book The Wealth of Nations in 1776.