ideal capitalism
they have trade
The Economic System are the means by which countries and governments distribute resources and trade goods and services.
The term "economic system" refers to the method by which trade and business organizations are regulated by the state.
One thing that can be said about a feudal economic system is that it is more of a barter trade system.
What kind of economic system the Minoans would be working under today is still probably trade. All they used to do was trade.
Market
capitalism
It prevented expansion of trade with other countries.
It prevented the expansion of trade with other countries.
balance of trade
emigrants, refugees, natural resources and the economic system
The Netherlands economic system is known as an open economy that mostly depends on foreign trade. It is a mixed economy which is regulate by the government as well as private entrepreneurs.