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they wanted to be wealthy

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What is the relationship of economic freedom to economic growth?

The relationship between economic freedom and economic growth is that it's felt that the freer a society is to spend, the freer it is to build and grow.


How did the New World discovery build an interdependent global economic system?

dw


What are the benefits of trading with other countries?

we get the stuff we dont have from other countries and the stuff we have too much of we can give to other countries.. We benefit from trade from other countries because money is given by overseas countries to pay for the goods or sevices they buy and is put into the Australian economy. By importing we receive goods or services we do not have and benefit from the growing variety.


Why do countries engage in international trade?

People/countries engage in international trade to build a strong relationship among themself.


What can the poor countries do to receive a greater share in the world's wealth?

Poor countries can enhance their share of global wealth by investing in education and skills development to build a more skilled workforce, attracting foreign investment through improved infrastructure and a stable business environment. Additionally, fostering trade partnerships and participating in global supply chains can expand their market access. Strengthening governance and reducing corruption can also create a more conducive environment for economic growth and development. Lastly, leveraging technology and innovation can help these countries increase productivity and create new economic opportunities.

Related Questions

What new economic ideas encourage countries to build empires?

they wanted to be wealthy


Why did European countries want to build new empires in Asia and Africa?

Power and Money.


How did the Inca build their powerful empires?

They fought wars and married the royal families of neighboring countries.


Why did european countries want to expand their empires?

The reason that the Europeans wanted to claim and control land throughout the world were economic ones. In the new lands of the Americas and Africa, the Europeans were looking for gold, raw materials, and land possessions as a way to compete with one another.


Why did the European rulers want to build larger empires?

So Europeans could rule more countries and states.


What is social empires?

it is a game in facbook. you can build empires and fight with your friends! :):):)


Did Confucius build empires?

yes


How did European nations build empires in South Asia?

European nations brought warships and armies to build empires in South Asia.


How do you build a market on Age of Empires 2?

to build it you have to select a builder


How did british navigation acts most affect the economy of new England?

They encouraged colonists to build ships.


Is there a way to build a gate on the Age of Empires 1?

no


What was the name given to the desire to build empires?

The desire to build empires is often referred to as "imperialism." This concept encompasses the political, economic, and cultural expansion of a nation, typically through colonization or the exertion of influence over other territories. Imperialism was particularly prominent during the 19th and early 20th centuries, driven by the pursuit of resources, markets, and geopolitical dominance.