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Q: How did the free-market economic system affect life in new England?
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How did the free -market economic system affect life in new England?

Food like meat fish and more


What is freemarket system?

It means the the business is privately owned and operated. It is not owned or controlled by the goverment.


What type of economic system does England have?

mixed


What is economic system in England?

England is based on captialsm and free market. This system is used to ensure fairness.


What group of players make all of the economic decisions in a freemarket system?

The US, Japan and Germany are all market economies. In a traditional economy. In market economies, economic decisions are made by individuals.


What is the major economic system in England?

Free Market Economy.


In a freemarket system producers are motivated to reduce costs and increase revenues because of which of the following?

Profit Motive


In a freemarket system consumers let producers know what they want to buy and how much theyre willing to pay through what?

Their purchases.


The economic policies of the colonies had to be regulated to meet the needs of England under which system?

mercantile system


How did the authors of the Constitution set up the basis for a sound economic system?

I believe that Alexander Hamilton had set up the sound economic system, basing it largely of England's economic system. (feel free to add or change)


How does semester system affect the social and economic problem?

it doesnt u idiot ........


England's economic system between 1651 and 1733 could best be described as?

Mercantilist is what the British economic system was between 1651 and 1733. This type of system used government regulation of the economy.