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paulbenn
Capitalism: wages labour, production for sale, class system, one percent own the means of production, exploitation, poverty, insecurity.
Wiki User
∙ 11y agoIt's based on the land and geography of a place.
Wiki User
∙ 11y agoAmerican economy is based on Capitalism.
Wiki User
∙ 13y agothe US economy is built on capitalism.
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What production is the current US economy is based primarily?
Services.
What kind of system is the US economy based on?
capitalism :) i think
What is the US economy based on which is the private ownership of farms and businesses?
Capitalism
Why do corporations operate as the core of the US economy?
The US has a capitalistic economy that is based on business innovation and competition. Corporations are the ones that drive a capitalist economy.not helpful
What is an economy like the US that exhibits elements of both capitalism and socialism known as?
Such an economy is called a MIXED ECONOMY.
What was the economy of the Southern US States based on?
The economy of the US Southern States was based on agriculture. Cotton and tobacco were the main crops for decades, including colonial America to the present.
What kind of system is the US economy based on?
capitalism :) i think
What production is the current US economy is based primarily?
Services.
Describe the sectional economic differences in the US during the early 1800?
The North had an economy based on trade & manufacturing. The South's economy was based on farming. In the West, the economy was just emerging.
What was the Southern economy based on as the US Civil War began?
As the US Civil War unfolded, the economy of the Confederate states was based on agriculture. The main crops they farmed were cotton, tobacco and rice.
Is France's economy better than the US's?
yes,France Economy is better then US's economy
What is the US economy based on which is the private ownership of farms and businesses?
Capitalism
Why do corporations operate as the core of the US economy?
The US has a capitalistic economy that is based on business innovation and competition. Corporations are the ones that drive a capitalist economy.not helpful
What did Hamilton want the us economy to be based on?
Novanet: Industrial and commerical.Industrial and commercial
What is an economy like the US that exhibits elements of both capitalism and socialism known as?
Such an economy is called a MIXED ECONOMY.
What is a Industrial based economy?
an economy based on industry
The four major economic shifts the US has experienced?
· Service Based Economy: Is the economy we were in during the 1600's because the colonists bartered and traded goods.· Agricultural Based Economy: In this economy during the 1700's farming was a common way of life so this was a easy way of life.· Industrial Based Economy: In the mid 1859's big machines were build which stated the industry based economy.· Service Based Economy: With the computer now more advanced information moved around a lot faster, and the way goods an services were produced an sold this created the service based economy.
