Why did the pilgrim choose the name plymouth for their colony

answer: capitalism and socialism are formal economies. the major differences between capitalism and socialism revolve around the role of the government and equality of economics. capitalism affords economic freedom, consumer choice, and economic growth.

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explanation:

a plantation economy is an economy based on agricultural mass production, usually of a few commodity crops grown on large farms called plantations. plantation economies rely on the export of cash crops as a source of income.

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