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How have latin American nations tried to achieve economic independence?
Latin American nations have tried to achieve economic independence by controlling their means of production. Oil producing Latin American nations have nationalized oil companies.
In the system workers are most productive and Nations economies functions most effectively when people and businesses can pursue their economic interest privately?
Conservation
To what extent do nations today practice mercantilism?
Having tasted economic independence for too long a period,the American colonist had no desire to return to the mercantilist policies endured by the colonies of the other European nations.
A nations plan for answering the key economic problems is called its economic?
Economic System
Who wrote thee wealth of nations?
"The Wealth of Nations" was written by Scottish economist and philosopher Adam Smith. Published in 1776, the book is considered a foundational text in classical economics, discussing concepts such as division of labor, free markets, and the role of self-interest in promoting economic prosperity. Smith's ideas have had a lasting impact on economic theory and policy.
How was the American System expected to unite the nations economic interests?
Market for northern industry and southern agriculture
How have latin American nations tried to achieve economic independence?
Latin American nations have tried to achieve economic independence by controlling their means of production. Oil producing Latin American nations have nationalized oil companies.
In many Latin American nations reliance on the production of a single cash crop has led to?
economic dependance on other nations
What economic problems did Central American and Caribbean Nations face after World War 2?
Overdependence on foreign nations and a dramatic increase in population.
What does it mean to safe guard the American economic interest?
In general terms, the phrase 'to safeguard the American economic interest' means 'to do whatever must be done in order to ensure that America's commercial and industrial activities are not disrupted by external interference.' What the phrase (and public policy) has often led to in very practical terms are various actions by the American government to warn other nations away from involving themselves in the Western Hemisphere; or, as in World War I, to warn Germany that any interference with American merchant ships would result in negative consequences.
In the system workers are most productive and Nations economies functions most effectively when people and businesses can pursue their economic interest privately?
Conservation
What was the goal of the pan American conference?
To create a customs union for nations in the Americas aimed at improving economic relations.
American imperialist who advocated acquisition of the Philippines especially stressed?
They especially stressed their economic potential for American businessmen seeking trade with China and other Asian nations.
What was one way that American independence actually harmed the nations economic fortunes?
ending all british trade and investment in america
One way that American independence actually harmed the nations economic fortunes was by?
ending all british trade and investment in america
What was a major cause of the civil wars in many Central American nations in the 1970s and 1980s?
Economic differences between social classes
When was United Nations Economic Commission for Africa created?
United Nations Economic Commission for Africa was created in 1958.
