answersLogoWhite

0

It depends on which country you are referring to. WA is an international site, with contributors from across the world. You cannot assume that people will guess what country you mean.

User Avatar

Wiki User

13y ago

What else can I help you with?

Continue Learning about Economics

In the eighteenth century who had the highest export share of manufactured products?

Rone


What does wreaked means?

havoc means devistation do you dev-as-tation? devastationThe word havoc is a noun and means destruction, confusion, and disorder. This word originated in the 15th century.


Where is entrepreneurship originated?

Entrepreneurship is believed to have originated in medieval Europe, particularly in France, where the term "entrepreneur" was first used in the 13th century to describe individuals who undertook the risk of organizing and managing economic ventures. The concept evolved over time, influenced by the rise of trade, exploration, and the establishment of markets. It has since expanded globally, adapting to various cultural and economic contexts throughout history. Today, entrepreneurship is recognized as a key driver of innovation and economic growth worldwide.


What is the economic meaning that there is no such thing as a free luck?

The economic meaning of the phrase there is no such thing a free luck means that one cannot be rewarded financially without hard work. In other words one cannot get something for nothing. The term is also often phrased as there is no such thing as a free lunch. This phrase is believed to have originated in the 19th century.


Did the Market Revolution increase the cost of manufactured goods?

The Market Revolution, which transformed the U.S. economy in the early 19th century, generally led to a decrease in the cost of manufactured goods due to increased production efficiency and the rise of factories. Innovations such as the steam engine and the assembly line enabled mass production, which reduced costs. However, while some goods became cheaper, others may have seen price increases due to factors like demand or the costs of raw materials. Overall, the revolution made a wider variety of goods more accessible to consumers.