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Free Market Economy.
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Earn +20 ptsQ: What is the major economic system in England?
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An economic system in which the central government directs all major economic decisions?
an economic system in which the central government directs all major economic decisions
What type of economic system does England have?
mixed
What is major economic system in Brazil?
The type of economic system that Brazil has is a cheeseburger BOI
What is economic system in England?
England is based on captialsm and free market. This system is used to ensure fairness.
What is the economic system in the Bahamas?
The economic system in the Bahamas is a market economy. Tourism is a major part of the Bahamas economy.
The economic policies of the colonies had to be regulated to meet the needs of England under which system?
mercantile system
How did the authors of the Constitution set up the basis for a sound economic system?
I believe that Alexander Hamilton had set up the sound economic system, basing it largely of England's economic system. (feel free to add or change)
The invisible hand is a major factor in which economic system?
market economy
What colonial region had fishing and shipbuilding as two of their major economic activities?
new England colonies
What is an economic system characterized by a central authority which makes major economic decisions?
Command Economy. :D
England's economic system between 1651 and 1733 could best be described as?
Mercantilist is what the British economic system was between 1651 and 1733. This type of system used government regulation of the economy.
What is system in which the major economic decisions are made by the central government?
Command economy
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