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Having a monarchy has no effect on the economic system of that country. Monarchies have presided over traditional economic states, mercantilist states, capitalist states, welfare-socialist states, etc.
No. A Monarchy is a type of governmental or political sytem which is ruled by a king or queen.
MonarchySomeone wrote Monarchy, a monarchy is a government system. The true answer is Mostly market. That answer is actually a economic system.
traditional economic system command economic system market economic system
traditional economic system command economic system market economic system
Having a monarchy has no effect on the economic system of that country. Monarchies have presided over traditional economic states, mercantilist states, capitalist states, welfare-socialist states, etc.
come on
No. A Monarchy is a type of governmental or political sytem which is ruled by a king or queen.
MonarchySomeone wrote Monarchy, a monarchy is a government system. The true answer is Mostly market. That answer is actually a economic system.
a form of government in which one person who inherits or is forced to a throne the leader's power is limited by laws A constitutional monarchy is a form of political government, NOT an economic system. There can be a variety of different economic policies (and economic theories) employed by a country under a constitutional monarchy. So, your question is unanswerable - it depends heavily on what type of constitutional monarchy, and what specific economic policy that constitutional monarchy follows.
In a democratic, constitutional monarchy, the monarchy has no affect on housing policy.
it doesnt u idiot ........
Laissez-faire economic policies Constitutional monarchy
it is like a capitalist economy An absolute monarchy is a form of government (i.e. political system), and NOT an economic system. Absolute monarchies can employ a variety of economic models - it depends entire on the choice of the monarch. Your question is unanswerable, since the form of government and form of economics used by a country are orthogonal (i.e. independent of each other).
The monarchy system is an "organization" if you will that is run by the monarchs (kings and queens) of the country. The monarchy system is basicly just where the people are ruled over by a king, queen, or both.
The demand for cotton affect the social and economic life of the South by creating a system of slave plantations, a rich aristocratic class which owned 90% of the slaves
the monarchy's power was limited to what it could and couldn't do. The colonists could then decide who the monarchy was by electing them.