As of 2014, France's economic system is quite strong. They are one of the world's leading economic power. This is because they have agricultural, industrial and service sectors.
in essence it ruins it
mixed economy between socialist and capitalist
Cuba, China, France, India, Korea, Portugal, Laos..
Mercantilism is the economic system that equates a nations wealth with the amount of its gold and silver. Mercantilism was in effect from the 16th to 18th century in France.
France has several strengths from an economic standpoint. Some of those strengths are a good educational system, high quality infrastructure, and a renowned scientific community.
Mercantilism is the economic system that equates a nations wealth with the amount of its gold and silver. Mercantilism was in effect from the 16th to 18th century in France.
traditional economic system command economic system market economic system
Mercantilism is an economic theory that emphasizes the importance of accumulating wealth, primarily gold and silver, through a favorable balance of trade. In New France, this meant that the colony was expected to provide raw materials to the French mother country while importing finished goods, reinforcing France's economic dominance. This system limited the economic autonomy of New France, as its trade was tightly controlled by France, ultimately leading to tensions and challenges in developing a self-sufficient economy. The mercantilist policies contributed to New France's reliance on France for economic support and hindered its growth.
traditional economic system command economic system market economic system
Various factors have contributed in France's economic problems prior to the 1789's Revolution, some of the major ones being:Poor agricultural harvestsGrowing costs of the American Revolution (mainly funded by France)Ageing economic system based on social estates
There are 3 main economics for economic system which are given below: 1.) Capitalism economic system 2.) Socialism economic system 3.) Mixed economic system .