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Hace 14 horas · Kennedy delivering his "We choose to go to the Moon" speech at Rice University, 1962. In 1960, John F. Kennedy, then a U.S. senator from Massachusetts, was elected the 35th president of the United States with Lyndon B. Johnson as his vice presidential running mate. Kennedy's tenure saw the height of the Cold War, and much of his foreign policy was dedicated to countering the Soviet Union and ...
Hace 14 horas · Capitalism is characterized by private ownership of the factors of production. Decision making is decentralized and rests with the owners of the factors of production. Their decision making is coordinated by the market, which provides the necessary information. Material incentives are used to motivate participants.
