economic growth and new wealth changed business in Europe because more people had wealth, they started buying more manufactured goods
shift is industrial economic activities from the core countries to the periphery
economic growth, will shift the PPF outward, because the income will increase.
due to economic growth
The shift from an agricultural economy to consumer markets contributed to the rise of the free enterprise system in Europe.
Factors that effects PPC shift is:economic growth or disasterincrease or decrease of resourcestechnological changesEconomic growth:sources of economic growth is accumulation of capital and tehnological advances.PPC will shift outwards to the right.Disaster:a shift inwards and to the left.Increase in resources:PPC shift to the rightDecrease in resources @ loss:PPC shift to the left.Improvement in technology :New innovations or improved techniques.PPC shift outwards.
That is why i im asking because i dont know it. This page don't work
Prussia became Germany
The English Defeat of the Armada is what i think it is.
Europe became capitalist during the fall of feudalism.
North
shift is industrial economic activities from the core countries to the periphery
Great Britain values America only as a way to shift the balance of power in Europe.
Great Britain values America only as a way to shift the balance of power in Europe.
economic growth, will shift the PPF outward, because the income will increase.
it helped shift the power to the pesants and make a democrocy
Industrialization brought people to the cities and eroded agricultural society. In the 19th century, Central Europe industrialized.
Industrialization brought people to the cities and eroded agricultural society. In the 19th century, Central Europe industrialized.