0
It is located between North and South America and the Pacific and the Gulf of Mexico. This allows Mexico to act as a bridge between both regions.
What else can I help you with?
How has the North American free trade agreement helped mexicos economy?
It has led mexico to depend less on farming and more on manufacturing.
What is New Mexicos economy?
In 2003 New Mexico's economy was $1.2 billion
How has Belgiums location affected its economy?
Its central geographic location makes then have the advantage of world trade with other nations.
How did high tariffs contribute to the stock market crash?
. They damaged the U.S. economy by angering foreign trade partners
What is trade in the economy?
A trade in a economy is what they trade for money.
What activity did not contribute to the economy of the middle colonies?
The middle colonies, known for their diverse economy, primarily engaged in agriculture, trade, and crafts. Activities such as subsistence farming or limited-scale barter did not significantly contribute to the overall economy, as they were less focused on market production and trade. Instead, the economy thrived on larger-scale farming, especially grain production, and a robust trade network. Consequently, any activity that remained local and non-commercial had minimal economic impact.
How did geography of Netherlands effect the economy?
The location of the Netherlands near the coast has affected its economy. Its geographic led to it being a major player in international sea trade.
How does natural resource location affecting the society?
It affects the economy in different areas, because of trade and taxes. $$$$ money.
What steps did mexicos government take to change the economy starting in the 1990s?
Starting in the 1990s, Mexico's government implemented a series of economic reforms aimed at liberalizing the economy. This included the signing of the North American Free Trade Agreement (NAFTA) in 1994, which encouraged trade with the U.S. and Canada. Additionally, the government privatized state-owned enterprises and reduced trade barriers, shifting towards a more market-oriented economy. These measures aimed to attract foreign investment and stimulate economic growth, though they also led to increased inequality and challenges for local industries.
What positive effect did Greece's location near the sea have on its economy?
Greece had a high emphasis on fishing, which brought in money due to trade.
What is the livelihood of Singapore?
Singapore's livelihood is primarily driven by its status as a global financial hub, with a strong economy based on finance, trade, and logistics. The country also excels in sectors such as manufacturing, technology, and tourism, attracting international businesses and talent. Additionally, its strategic location facilitates shipping and trade, making it one of the busiest ports in the world. Overall, Singapore's diverse economy and robust infrastructure contribute significantly to the livelihoods of its residents.
What is a trade-based economy called?
An economy based on trade is generally termed a market economy by those who study these things.
