$8.8 Billion
how the place makes its money heck ya buddy i am right
A mixed market economy
A place that uses a command economy is North Korea.
one is that if the one crop they depend on fails and the crop is bringing in much of their income than the place will have no other crops to get money from and will likely go bankrupt.
Colonial economy was about all activities that ensured continued supply of raw materials and profit gaining from the colonies mushrooming industries. Colonial economy involved agriculture, mining, trade, infrastructures, fishing and transport. To maximize the profit and to be ensured that they succeed their mission in agriculture, colonialist introduced new things to improve the production. These include settler economy, plantation economy, peasant economy, migrant labour and cash crop production. They decided to maintain peasant to get more profit. They introduced cash crops because raw materials were need in their industries. Cash crops introduced were sisal, rubber, coffee, tea and cotton. To ensure continued supply of raw material to their mushrooming industries in Europe, they opened plantations and estates in Zanzibar and some parts in Tanganyika. The grown cash crops included sisal, clove plantation, coconuts and cashewnuts. Settler economy was rampant in all areas where the soil was fertile and good climate to stay. They established settlements in in Kenya, Zimbabwe, Zambia and South Africa. Also in East Africa they settled in highland regions like Kilimanjaro, Iringa and Mbeya. They established infrastructures from the port to the interior where agriculture and mining activities were taking place. The building of Mombasa to Uganda railway and Dar es Salaam to Kigoma is a good example. In South African they exploited gold and diamond from Kimberley and Transvaal. Irrigation activities took place along the Nile River. Money economy was introduced to maximize profit and also to utilize effectively migrant labour who were selling their labour forces in plantations and estates. Taxation and land alienation was introduced to exploit African and the same time to force them comply with colonialists needs. In order to get money African were supported to sell their work forced in plantations and estates. Migrant labour was preferred because of less resistance. Migrant labour were taken from far away and they were very few in number hence it rendered them very difficult to organize themselves and form strikes.
Because the whole idea of the industry is to bring money into the economy. For example, a historical place, such as a castle could brig in visitors from all over the world and they will have to pay to go in. So the money will go towards your local economy.
That he put in MOney
how the place makes its money heck ya buddy i am right
The hospitality industry is quite important as it gives tourists a place to stay and food to eat. It also ensures that business professionals have a conducive environment for their endeavors.
if forest are not there agriculture will not take place.
what is the role of a consumer in a mixed econmoy
The agriculture industry in Morocco employs about 40% of the population, whereas the agriculture industry in Algeria only employs about 14% of the population. Morocco's climate, with frequent rain, makes it a good place to grow food and creates good farmland. Algeria is much warmer and dryer, and the environment is less hospitable for planting and farming. As a result, the agriculture industry in Algeria is not enough to support the food needs of the population. The farmland is much better in Morocco, and the population is able to be sustained on food grown in the country.
Sedentary agriculture refers to a type of farming where people settle in one place to cultivate crops and raise livestock. It involves permanent or semi-permanent dwellings and a more established system of agriculture compared to nomadic or shifting cultivation. This type of agriculture allows for the development of more complex societies and infrastructure.
Financial institutions, conform the industry with the highest money rotation. In other words, banks, trade centers (like wall street), loan companies, among others.
House is the place where all the agriculture product were consumed and the agriculture is the field where we repay for what we consumed..
I am not really an economic expert but I believe that someone has too much money and doesn't want to spend it. That means there is a place with too much money and it makes the whole world lacking money.
A mixed market economy