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Earn +20 ptsQ: What do you call a period of change in an economy?
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A period of change in an economy is?
transition.
What do you call the change in the level of the sea over a period of time?
The tide
What do you call the period of change from making goods by hand to producing them with machines?
industrial revolution
A period of great change in the European economy?
In the 1700s,Europeans went through a great change where more goods were produced by machines than by hand. TEEHEE im smart.;p
What economic period does it growth and decline?
During an expansionary period/phase, an economy grows. In a contractionary period/phase, an economy declines/retracts until it begins to grow again.
What was the problem that Russia was facing when Stalin realized that the economy needed to change?
Economy needed to change.
What do you call an economy that is both partly command and?
It is called a mixed economy.
What do we call a period of low economy activity when lot of people lose their jobs?
It is called a recession. If it lasts longer than three of four years it is called a depression.
Define recession in the economy?
Recession means the period of reduction in trade and commerce in the economy.
What do we call an economy that is both partly command and partly marketed?
mixed economy
Do we call an economy that is both partly command and partly market?
mixed economy
How did the economy change of the south?
the
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