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During this era, the two predominant economic philosophies were capitalism and socialism. Capitalism emphasized private ownership, free markets, and limited government intervention, prioritizing individual initiative and wealth creation. In contrast, socialism focused on collective ownership and distribution of resources, advocating for economic equality and social welfare through government control or regulation of key industries. These philosophies often clashed, shaping political and economic debates globally.
What else can I help you with?
How have world economies changed during the modern era?
Economic philosophies such as capitalism and communism have been developed.
Do you think the economic changes in Europe during the era of American colonization qualify as a revolution?
yes, I would say that those economic changes could be called a revolution, because the completely changed the course of the European economy.HOPE IT HELPED.. :)
What was the Economic situation in 2008 and 2009 in US?
Era un desastre
Economic policy in th Philippines te Japanese era?
bakit wala?!
What is one economic change in the Reconstruction Era?
One significant economic change during the Reconstruction Era was the transition from a slave-based economy to a labor system that included wage labor and sharecropping. As formerly enslaved people sought autonomy and economic opportunity, many became sharecroppers, renting land to farm in exchange for a portion of their crops. This system often led to cycles of debt and poverty, limiting the economic mobility of many African Americans. Additionally, the South began to diversify its economy, moving towards more varied agricultural and industrial practices.
How have economies changed during the modern era?
Economic philosophies such as capitalism and communism have been developed.
How have world economies changed during the modern era?
Economic philosophies such as capitalism and communism have been developed.
What show produced conflicting philosophies about war during the height of the Vietnam era?
The news media.
Was the organ the predominant keyboard instrument of the Classical era?
no, it was the piano
How did the south view slavery during the antebellum era?
As a economic issue
What economic changes occurred during the Reconstruction Era of the United States?
Potatoes.
During the antebellum era how did South mainly view slavery?
As a economic issue
What happened after the dark ages?
The dark ages, otherwise known as the middle ages, was followed by the Renaissance era. During the renaissance, Europe began to re-adopt old Greek and Roman philosophies, art, and science.
What were the philosophies present in ancient China?
The period of about 500 BC to 200 BC is a great era in China, and many great philosophies came into being.
Which economic reform did NOT occur during the Progressive era?
The removal of the gold standard on the dollar
What word describes the economic system of European countries during the colonial era?
Mercantilism
What caused liberalism?
from philosophies and political ideals being thrown around in the enlightenment era.
