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Which development contributed to rise of the free enterprise system in Europe?

The shift from an agricultural economy to consumer markets contributed to the rise of the free enterprise system in Europe.


What are Europe's economic systems?

Capitalists economic system


What economic benefits would the Columbian exchange have brought to Europe?

The Columbian Exchange significantly boosted Europe's economy by introducing new crops such as potatoes, tomatoes, and maize, which enhanced food security and agricultural diversity. These crops contributed to population growth and urbanization, leading to increased labor and production. Additionally, the influx of precious metals, particularly silver from the Americas, facilitated trade and investment, further stimulating economic expansion and the rise of capitalism across Europe.


What are advantages of mercantilism?

Mercantilism was used in the 16th to the 18th century in Europe and it was an economic theory practice. Through this, many traders assure that they can market their goods in England, and in the industry of New England, there was a law contributed to booming shipbuilding.


What was the first postwar effort at economic cooperation in Europe?

The first postwar effort at economic cooperation in Europe was the European Recovery Program, commonly known as the Marshall Plan, initiated in 1948. This U.S.-sponsored initiative aimed to rebuild war-torn European economies by providing financial aid, fostering economic integration, and promoting political stability. The plan significantly contributed to the revival of European economies and laid the groundwork for future cooperation, ultimately leading to the formation of institutions like the European Economic Community.

Related Questions

What contributed to the economic and social problems of sixteenth century Europe.?

imported silver


What were the economic problems facing Europe in the 1940's?

WWII WWII


What has Europe and the European union been struggling with since 2009?

Economic problems.


What has the author A Suha written?

A. Suha has written: 'Economic problems of Eastern Europe and federalism' -- subject(s): Economic conditions, Economic policy


What problems did Woodrow Wilson face when working to rebuild Europe after world war 1?

there was economic problems and he could noy afford it. economic: food, shelter, life.


Which factor contributed most to the rise of totalitarian governments in Europe World War 2?

world wide economic depression


What economic problems were not solved with the Versailles treaty?

The Versailles Treaty failed to address several economic problems, particularly the severe reparations imposed on Germany, which destabilized its economy and contributed to hyperinflation in the early 1920s. Additionally, the treaty did not resolve the underlying economic disparities in Europe, leading to widespread unemployment and economic instability in several countries. The creation of new nation-states often resulted in economic fragmentation, further complicating trade and economic recovery. Overall, the treaty's punitive measures fostered resentment and economic hardship, setting the stage for future conflicts.


What event contributed to the rise of dictators in Europe prior to world war 2?

The issue that had the biggest contribution to the rise of dictators during the 1930's was that much of the world was experiencing economic depression. Dictators rose to power promising that they would fix the economic problems in their countries.


What are possible consequences to the US and the world if the US does not help Europe?

In the event of a serious economic collapse of the European Union, this would cause a global economic depression, since the economies of all nations interconnect, and the EU is a very major part of the global economy. However, we do not know for a fact that Europe will be unable to solve its economic problems without the help of the US. Furthermore, the US has economic problems of its own. It is certainly not obvious that the US is in a position to help Europe even if it wants to do so. Europe and the US both need to get their economic houses in order.


What economic conditions in England contributed to the reasons why the colonists moved to the new world?

the reason why the people of europe wanted to move was based on religouse views


What was the war in Europe before World War 2 that affected the alliances in Europe?

World War I changed the alliance system in Europe and had grave mental, economic, and political consequences for Germany that contributed to Hitler's rise to power.


How did the terms of the Treaty of Versailles lead to economic political and social problems in Europe?

This website is a good place to look: Link below.