The country's currency becomes nearly worthless.
It causes economic decline as counturies have to spread billions of dollars rebuilding and recovering from the damage
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.
Effect of Government Regulations on Economic Behavior
The economic structure determines how the resources in a country are divided up and it has major implications on what kinds of jobs or goods are available. It has a major effect also on the countries standard of living.
Congress passed a less severe law that reopened foreign trade with every country except Britain and France.
it dies
the effect of liberia underdevelopment
Beggars can be caused by economic downturn. The presence of beggars can negatively affect (sometimes confused with effect) local house prices.
Oil has had a profound impact on Venezuela's economy, as it is the country's primary source of revenue and foreign exchange. The economy became heavily dependent on oil exports, which accounted for around 90% of total export earnings. However, fluctuations in global oil prices and mismanagement led to economic instability, resulting in hyperinflation, severe shortages of basic goods, and a significant decline in living standards. This over-reliance on oil ultimately contributed to the country's current economic crisis.
It causes economic decline as counturies have to spread billions of dollars rebuilding and recovering from the damage
Economic development of a country ensures that the global economy becomes more stable. It also makes international business much easier and lucrative.
Economic development of a country ensures that the global economy becomes more stable. It also makes international business much easier and lucrative.
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.
Which of the following was not an economic effect of colonization? Global economic development
When people are corrupt the whole country and government suffers. THe country goes into dept and there is no stable economic system anymore. Mexico is a good example.
Effect of Government Regulations on Economic Behavior
The economic structure determines how the resources in a country are divided up and it has major implications on what kinds of jobs or goods are available. It has a major effect also on the countries standard of living.