The government places much emphasis on the production of consumer products.
The government places much emphasis on the production of consumer products.
all economies today are actually (mixed)
mixes economies
Economies of most, but not all, cultures are based on some type of currency (money). Economies could also be based on barter, gold, etc.
the most efficient use of resources in producing what people want
Arms sales make a significant contribution to all major economies.
All economices today are actually
why, how, what and now
None. All economies today - with perhaps the exception of some isolated tribes - are mixed economies.
In mixed economies, the government does not own all property or confiscate all economic output (this is a tenet of communism, or communist socialism).
The economies of Germany, Japan, and Russia were all marked by high national debt after World War I. Inflation was another major economic issue these economies faced.
To join the Eurozone, their economies need to meet certain criteria, so not all countries are in the Eurozone.