The economy was completely destroyed
Inflation
an increase in overall output in the economy
The establishment of European empires
With a market economy, individual can get lower price and much more choice which is a direct result of competition.
more slave trade with Africa. (:
more slave trade with africa. (:
internalization
geopolitical map of Europe and provide for the establishment of democracies on nearly the entire European continent.
Not that I know of. France and the other European countries were cut off from the South's trading and that greatly weakened the economy, which was a result of the North's control of the Mississippi.
The economy in Africa changed significantly due to European colonization. European powers exploited Africa's resources for their own benefit, leading to the extraction of natural resources, forced labor, and the establishment of trade networks that favored European countries. This exploitation disrupted traditional African economies and led to the impoverishment of many African communities. Additionally, the introduction of cash crops and the imposition of taxes further disrupted local economies and led to a dependence on European markets. Overall, European colonization had a detrimental impact on the economic development of Africa.
The economy was completely destroyed
what changes happened at the time as a result of this scientists work
It is truly only applicable in agricultural markets since they operate with a large time lag between changes in price and changes in production as a result of price. This means that this theory is only generalisable to to one segment within a sector of the economy. It also shows that investment will be harder as a result of decisions made by farmers.
Russia adopted a communist government, but Western European countries did not.
Russia adopted a communist government, but Western European countries did not.
Russia adopted a communist government, but Western European countries did not.