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Northwestern tribes would give away great amounts of goods and wealth at?
Wiki User
∙ 13y ago
potlatch ceremonies
Wiki User
∙ 13y ago
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In a capitalism system how should goods and wealth be distrubuted?
In a capitalist system, wealth and goods are acquired through competition. The wealthiest end up with more wealth and more goods.
Is the study of how goods services and wealth are produced?
Economics is about the production and distribution and ownership and taxation of goods, services, and wealth.
Is defined as the measurement of all economic goods which are owned?
wealth or wealth
What was it called when tribes would trade goods with other tribes?
bartering or trading.
How did the position of some west African tribes change as a result of the Atlantic slave trade?
Due to the Atlantic slave trade, some West African tribes that engaged in slave raiding or trading saw an increase in power and wealth. Conversely, tribes that became targets for slave raids faced population decimation, social disruption, and economic stagnation. Overall, the slave trade contributed to significant shifts in the power dynamics among West African tribes.
What was wealth based on in the northerners?
The money and goods a person owned.
What are synonyms for the word chattel?
goods, assets, wealth, property
What is lorries used for?
Transporting large amounts of goods.
What was the main reason European colonies set up colonies?
England hope to acquire wealth from the colonies by getting Natural Resources, taxing goods traded in the colonies, and selling its own goods to the colonies.
The present choice between investing in capital goods and producing consumer goods now affects the ability of an economy to produce in the future. Explain?
AnswerConsumer goods are only available for present use and will not produce wealth. Capital goods, though not providing an immediate benefit, will produce wealth for future use (for more consumer goods and/or more capital goods).
The present choice between investing in capital goods and producing consumer goods now affects the ability of an economy to produce in the future. Explain.?
AnswerConsumer goods are only available for present use and will not produce wealth. Capital goods, though not providing an immediate benefit, will produce wealth for future use (for more consumer goods and/or more capital goods).
Both goods and services are counted as part of a nation's wealth?
True
