Describe the New York System, its components (or parts), and explain how it was different from the Pennsylvania System. *

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.

read more on -

explanation:

hacida

explanation:

living during the great depression had a major affect on the mentality many people. a good portion of people who lived during that time do not trust banks. this is likely the result of the many widespread bank failures in the 30s that caused people to lose their life savings.