Plz help me I will mark the brainleist :)

An economic system where the factors of production are privately owned ⇒ Capitalism.  

Economic system characterized by a central authority which makes major economic decisions ⇒ Command economy.  

This is an economic system proposed by Karl Marx in which all means of production are owned by the proletariat, but are controlled by the government when practiced by countries such as the Soviet Union and China. ⇒ Communism.  

French term which means "allow to do", the philosophy that government should stay out of the market ⇒ Laissez-faire.

This is an economic system where the government controls the major means of production but property and other businesses may be privately owned. ⇒ Socialism.

This is a free enterprise system with some government involvement. ⇒ Mixed economy.  

This is a market where a few large suppliers control the supply of a product. ⇒ Oligopoly.  

The conversion of state owned property to private ownership ⇒ Privatization.

recent improvements in technology/telecommunication/internet have increased the pace of globalization.

explanation:

recent improvements in technology have enhanced the pace of globalization. it is not difficult to recognize that technology has created the human race one big issue. there are several aspects to technology but they all serve to meet us the further. i can beat and be friends with a fellow, thousands of miles away. technology has also bridged the knowledge gap and has presented for the ready transfer of ideas and values.