In my view, the principal change in the economy since the 1700s has been the shift from a largely agrarian, rural society to a largely urban, industrial/post-industrial society.
is was rich =]
agricultural
the people
it was the worst economy that ever happened to man kind jk
Pennsylvania was very wealthy in the 1700s. In fact Pennsylvania was one of the wealthiest in America at the time because of Penn's policies.
yes, the world has changed, the micro-chip has been invented, so many things have moved on, the economy has to also.
for the dedt?
The economy is today generally private but the industry and agriculture were destroyed.
It has changed from a farming to an industrial economy.
babyboon
is was rich =]
agricultural
the people
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eating out driving shopping movies smoking
it was the worst economy that ever happened to man kind jk
Historically, this area's economy was based on agriculture. The Soviets created a command economy. Since the end of the Soviet Union, this region is trying to develop a market economy.