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One of the consequences of the expanding global economic system is?
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What contributed to the emergence of a new interdependent global economic system in the New World?
Raw materials contributed to the emergence of a new interdependent global economic system in the New World
How did the New World discovery build an interdependent global economic system?
dw
Why is capitalism so prevalent in the global economy?
Capitalism is prevalent in the global economy because this economic system allows individuals freedom to make choices. With this system, people are free to do what they want to do and use their money where they want to.
What economic system does a socialist country have?
Socialism (a classless stateless society based on production for use) will have to exist at a global level, so there cannot be a Socialist country. And there will be no ones or wages or prices, hence no economic system.
What are the different economic system?
traditional economic system command economic system market economic system
What contributed to the emergence of a new interdependent global economic system in the New World?
Raw materials contributed to the emergence of a new interdependent global economic system in the New World
How can the global economic and geopolitical system be crushed through the use of technologies?
The global economic and geopolitical system can be crushed through the use of technology by influencing the way things are done.
What helped make Europe a global economic power?
Europe became a global economic superpower by exploiting the resources of its colonies. Mercantilism was an economic system by which European countries benefited economically from their colonies.
How did the New World discovery build an interdependent global economic system?
dw
Why is capitalism so prevalent in the global economy?
Capitalism is prevalent in the global economy because this economic system allows individuals freedom to make choices. With this system, people are free to do what they want to do and use their money where they want to.
Does your family have practical and economic consequence for individuals in everyday life?
Many families do rely on a system of consequences to ensure good behavior.
What economic system does a socialist country have?
Socialism (a classless stateless society based on production for use) will have to exist at a global level, so there cannot be a Socialist country. And there will be no ones or wages or prices, hence no economic system.
What are the different economic system?
traditional economic system command economic system market economic system
Functions of international monetary fund?
The International Monetary Fund was first established to help in the reconstruction of the payment system after World War II. Its function is to help with economic and global growth.
What are the three different economic system?
traditional economic system command economic system market economic system
What characterize the time period from 1900 to 1945?
People around the globe were now linked into an emerging global system economically, politically, and culturally. A.K.A global economic growth accelerated Within this system, some countries and groups accumulated great wealth and power, while others fell into economic and political decline. A.K.A economic depression TG
Which theory states that the global economic system is controlled by a few wealthy nations resulting in an unequal relationship between nations?
World Systems Theory
