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Why economic growth is desirable for modern open economies
Economic philosophies such as capitalism and communism have been developed.
Tertiary economic activity has grown more important in recent years. Tertiary economic activity is the economic activity of the service sector.
Most mixed economies can be described as market economies with strong regulatory.
Centrally-planned economies in the USSR and Eastern Bloc. Market socialism in Yugoslavia. State capitalism in modern day China and Vietnam.
Why economic growth is desirable for modern open economies
Economic philosophies such as capitalism and communism have been developed.
Economic philosophies such as capitalism and communism have been developed.
Tertiary economic activity has grown more important in recent years. Tertiary economic activity is the economic activity of the service sector.
poverty is always higest in countries with market economies
Most mixed economies can be described as market economies with strong regulatory.
Centrally-planned economies in the USSR and Eastern Bloc. Market socialism in Yugoslavia. State capitalism in modern day China and Vietnam.
Money!
The shift from agricultural to manufacturing economies.
the most efficient use of resources in producing what people want
idgaf !!
The early modern period is considered modern due to significant social, political, and economic changes that set the stage for the modern world. Key developments include the rise of nation-states, the Protestant Reformation, the Scientific Revolution, and the exploration and colonization of the Americas. These changes transformed society, economies, and governments in ways that laid the foundation for our contemporary world.