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Why cultures develop economic systems?

why dp cultures develop economic systems


Why are economic systems needed?

Economic systems are needed to help control the power in the people and the government. Thus for different countries with different powers relates to the different types of economic systems.


What are the four types of economic systems?

The four types of economic systems are mixed, traditional, market and command. The economic systems evolves as different societies places different emphasis on different goals.


Why does each country have to develop an economic system?

Countries have to develop economic systems to provide the framework for people inside of the countries to have a means of making money and sustaining their livelihoods.


What are building blocks for major world regions?

The building blocks for major world regions are geographic features, cultural heritage, political boundaries, economic systems, and social dynamics. These elements shape the identity and development of different regions and influence their relationships with one another.


Why did Native American societies develop different cultures traditions in different regions?

Native Americans had distinct cultural traditions depending on their tribes. Each tribe had its own values and belief systems that differed from those of other tribes.


What economic factors helped strong monarchies develop?

What economic factors helped strong monarchies develop? A centralized systems of taxation. Fostering trade, both internally and externally. Feudal aristocracy Stable and centralized governments


What are the advantages and disadvantages of different economic systems?

disadvantages of the Spanish armada


What do three economic systems have in common?

Each system represents different answers to the four basic economic questions.


What are the types of political economic systems?

there is no such thing as political economic systems, there are only economic political systems


What happened during the sectional crisis?

The North and the south were separated into to different societies and had different economic systems


What do all three economic systems have in common?

Each system represents different answers to the four basic economic questions.