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How does economy relate to free enterprise?
In an economy based on free enterprise people are free to start their own businesses.
What type of economy did Russia start out as?
Like virtually all civilizations, Russia started out as an agriculturally based economy.
What year did inflation start?
Inflation is inherent in every economy. Maybe you're thinking of hyperinflation that happend in Europe during the great depression when money became cheaper to burn than fire wood.
What describes the American economy at the start of the war?
The United States was an agrarian-based nation.
What do you need to start an economy?
money, government, food, shelter, water, and much more
When did Europe start developing economies based on slavery?
Europe started to develop economies based slavery in the late 15th century.
How does economy relate to free enterprise?
In an economy based on free enterprise people are free to start their own businesses.
What type of economy did Russia start out as?
Like virtually all civilizations, Russia started out as an agriculturally based economy.
Can you stop this bad economy?
Well the fact that we have bad economy means that people stop spending money and in order for the economy to go back to "good," more people have to start spending more money.
What year did inflation start?
Inflation is inherent in every economy. Maybe you're thinking of hyperinflation that happend in Europe during the great depression when money became cheaper to burn than fire wood.
What describes the American economy at the start of the war?
The United States was an agrarian-based nation.
What do you need to start an economy?
money, government, food, shelter, water, and much more
What best describes the american economy at the start of the war?
The United States was an agrarian-based nation.
What is the role of business in economy?
Business keeps the money flowing. When somebody spends something at a business, the people working there have extra money to spend on something else, which gives the people at another business extra money to spend...etc. When theft occurs, people start saving money, or don't have extra money to spend, the economy slows down.
When the federal reserve raises interest rates how does it affect the economy?
it increase their customers money by a greater margin than before so it may help the economy start running again so people will start buying again
Why did Europe start trading more?
why did europe start start trading
What was the purpose of the Schuman Declaration of 1950?
to help Schuman rebuild the devastated economy of western Europe and to help control the raw materials needed to start another war
