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Why was president Hoover blamed for the nations economic problems?
Hoover was blamed for the nation's economic problems because he thought that the best way to fix the economy was to let the economy fix it's self (do nothing).
How did the panic of 1837 affect the economy?
the panic of 1837 affected the nations economy by entering an economic depression where the business and unemployment fell to a very low level.
What economic system does Libya use?
Libya has a command economy. Also known as controlled or planned economy. This is where a government retains the power to decide how the nations economic resources should be allocated. It has complete control over how theses resources are used.
What cause economic instability of a state?
often economic instability is caused by imperialism because the nation's economy becomes dependent on industrialized nations.
What type of economic system does mauritius have?
Mauritius has a mixed economy that combines elements of both free-market capitalism and government intervention. The country has a diverse economic structure, with key sectors including tourism, manufacturing, and agriculture. The government plays a role in regulating the economy and promoting development through various policies and initiatives. Overall, Mauritius is known for its stability and relatively high standard of living compared to other nations in the region.
What type of economy do most nations have?
Most nations have mixed economies, where both the government and the private sector play a role in economic decision-making. In these economies, elements of both capitalism and socialism are present.
Why was president Hoover blamed for the nations economic problems?
Hoover was blamed for the nation's economic problems because he thought that the best way to fix the economy was to let the economy fix it's self (do nothing).
How did the panic of 1837 affect the economy?
the panic of 1837 affected the nations economy by entering an economic depression where the business and unemployment fell to a very low level.
What economic system does Libya use?
Libya has a command economy. Also known as controlled or planned economy. This is where a government retains the power to decide how the nations economic resources should be allocated. It has complete control over how theses resources are used.
Why did the Eastern European nations maintain the institution of serfdom and how did that policy retard economic development?
Serfdom was an unsustainable economic system, and it stunted the growth of the eastern European economy because eastern Europe maintained a farm-based economy long after the rest of the world had turned to an industrial economy.
What cause economic instability of a state?
often economic instability is caused by imperialism because the nation's economy becomes dependent on industrialized nations.
What nation is Asia a part of?
Asia is a continent comprised of many nations.
What type of economic system does mauritius have?
Mauritius has a mixed economy that combines elements of both free-market capitalism and government intervention. The country has a diverse economic structure, with key sectors including tourism, manufacturing, and agriculture. The government plays a role in regulating the economy and promoting development through various policies and initiatives. Overall, Mauritius is known for its stability and relatively high standard of living compared to other nations in the region.
How did the inventions and innovations of the mid-19th century help fuel the nations economy the?
Others fueled the economic revolution and transformed manufacturing, transportation, and communication.
What were effects of the civil war on the nation's economy?
The nation was starting out becoming a economic power house. We bought the majority of our weapons from England, Spain, and France. Doing this provided a great economy for the nations selling and us.
In this department the Bureau of Economics provides an analysis of the nations economy including the GNP?
The Bureau of Economics provides analysis on the nation's economy by assessing various economic indicators like the Gross National Product (GNP). This analysis helps in understanding economic trends, policy impacts, and making informed decisions regarding economic policies and regulations.
What is a market economy based on?
A market economy is an economy in which decisions regarding investment, production and distribution are based on market determined supply and demand. Prices of goods and services are determined in a free priced system
