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How did the free enterprise system contribute to globalization during the 20th century?

. It drove companies to produce new shipping and communications technologies. …


What forces drove the economic resurgence of the 1990s?

The economic resurgence of the 1990s was driven by several key forces, including technological advancements, particularly in information technology and the internet, which spurred productivity and innovation. Globalization played a significant role, as markets expanded and trade barriers decreased, allowing for increased competition and efficiency. Additionally, the end of the Cold War led to a shift in military spending to civilian industries, fostering growth. Lastly, favorable monetary policies and low inflation contributed to a conducive environment for investment and consumer spending.


Why did farm wages fall in the 1920s?

Farm wages fell in the 1920s primarily due to overproduction and declining demand for agricultural products following World War I. Advances in technology and farming techniques led to increased crop yields, which saturated the market and drove prices down. Additionally, the economic boom in other sectors drew labor away from agriculture, further reducing farm labor demand. This combination of factors resulted in lower wages for farmworkers during the decade.


Why were the Chinese blamed for Americas poor economy?

The Chinese were often blamed for America's poor economy due to rising unemployment and wage stagnation in various sectors, particularly manufacturing. The perception was that Chinese imports flooded the market, leading to job losses and competition that drove down wages. Additionally, during economic downturns, scapegoating immigrant populations became a common reaction, as people sought to attribute their financial struggles to external sources rather than broader economic factors. This sentiment was exacerbated by political rhetoric and media narratives that highlighted trade imbalances and economic anxieties.


What is the basis for the the economic theory of mercantilism that drove the exploration and settlement of North America by Europeans?

Mercantilism is based on the idea that a nation's power stems from its wealth, which encouraged the acquisition of natural resources and developing trade in North America.

Related Questions

How did the free enterprise system contribute to globalization during the 20th century?

. It drove companies to produce new shipping and communications technologies. …


How did the free enterprise system contribute to the globalization during the 20th century?

. It drove companies to produce new shipping and communications technologies. …


What forced German people to leave their home country?

Factors such as economic hardship, political persecution, and opportunities for a better life drove many Germans to emigrate from their home country. The devastation of World War II and the division of Germany into East and West also led to significant migration.


What was the five motivating factors that influenced Europe to explore the world?

The five motivating factors that influenced Europe to explore the world were economic interests, competition for territory, the spread of Christianity, advancements in navigation technology, and the desire for knowledge. Economic interests drove nations to seek new trade routes and resources, while competition among European powers fueled territorial expansion. The spread of Christianity was a significant motive for many explorers, aiming to convert indigenous populations. Additionally, advancements in navigation, such as improved maps and ship designs, facilitated longer and more ambitious voyages.


What was Hemingway's world in World War 1?

He drove an ambulance for the Red Cross.


What factors and motivations drove immigrants to the American colonies in the 1700s?

Escape from wars and religious freedom.


Was there a push factor about Jamestown?

Yes, there were several push factors that motivated settlers to leave for Jamestown in 1607. Economic hardship, including unemployment and poverty in England, drove many to seek new opportunities in the New World. Additionally, religious persecution and the desire for greater personal freedoms encouraged individuals to leave their homeland in search of a more prosperous and tolerant environment.


Is the word drove a collective noun?

Yes, the noun 'drove' is used for a group moving from one place to another.The noun 'drove' is a standard collective nounfor:a drove of bullocksa drove of cattlea drove of donkeys (or asses)a drove of goatsa drove of haresa drove of hogsa drove of horsesa drove of oxena drove of pigsa drove of rabbitsa drove of sheepa drove of swineand large groups of people that are in motion.


What is the collective noun of droves or shelf?

The noun 'drove' is a collective noun for: a drove of asses a drove of cattle a drove of donkeys a drove of goats a drove of hares a drove of horses a drove of oxen a drove of pigs a drove of rabbits a drove of sheep The noun 'shelf' is a collective noun for: a shelf of books


What is the collective noun of drove?

The noun 'drove' is used for a group moving from one place to another.The noun 'drove' is a standard collective noun for:a drove of bullocksa drove of cattlea drove of donkeys (or asses)a drove of goatsa drove of haresa drove of hogsa drove of horsesa drove of oxena drove of pigsa drove of rabbitsa drove of sheepa drove of swineand large groups of people that are in motion.


What was Hemingway's role in World War 1?

He drove an ambulance for the Red Cross.


What happened to the earth when phaethons drove the chariot of the sun?

The world was set on fire.