answersLogoWhite

0

They each developed differently due to geographic locations and the people who settled there.

User Avatar

Wiki User

7y ago

What else can I help you with?

Continue Learning about Economics

During the age of 19th century imperialism the economies of colonies were often changed from subsistence economies to economies based on?

During the 19th century imperialism, the economies of colonies were often transformed from subsistence economies to economies based on cash crops and raw material production. Colonizers prioritized the extraction of resources like rubber, cotton, and minerals for export, which disrupted traditional agricultural practices. This shift aimed to integrate colonies into global markets, often leading to economic dependency and altering local livelihoods. Consequently, local populations frequently faced exploitation and significant socio-economic challenges.


What contributions did africans make to the economies of the colonies?

they helped increase the amount of food and crops being produced and this helped the trade increase for the colonies and bring more income/profit to the colonies


Tanzania and Sierra Leone have very different economies because they have very different?

resources


Describe the 4 basic economic systems?

the are four types of economic systems: traditional economies, market economies, command economies, and mixed economies. these economic systems differ in how to answer the three basic questions: how to produce, what to produce and for whom to produce. In traditional economies, the three economic questions are decided mainly by social customs. In market economies, the economy is like capitalism in U.S and the economic questions are decided by individuals in the marketplace. In command economies, is like comunism and the questions are decided by the government. In mixed economies, they are decided by a combination of market decisions making and government order. Many different combinations of these four kinds of economic systems are operating around the world today, with different degrees of success.


What are the four basic economic systems around the world?

There are four types of economic systems: traditional economies, market economies, command economies, and mixed economies. these economic systems differ in how to answer the three basic questions: how to produce, what to produce and for whom to produce. In traditional economies, the three economic questions are decided mainly by social customs. In market economies, the economy is like capitalism in U.S and the economic questions are decided by individuals in the marketplace. In command economies, is like communism and the questions are decided by the government. In mixed economies, they are decided by a combination of market decisions making and government order. Many different combinations of these four kinds of economic systems are operating around the world today, with different degrees of success. Free-market and command (apex)

Related Questions

How did the colonizers benefits from the colonies they controlled?

The colonizers used the resources of their colonies to grow their own economies.


How did cooperation and respect between many different immigrant groups affect the economies of the middle colonies?

It helped trade and businesses in the Middle Colonies.


How did the cooperation and respect between many different immigrants groups affect the economies of the Middle Colonies?

It helped trade and businesses in the Middle Colonies.


What statement is false with regard to the economiesof the English colonies?

the economies of southern colonies featured a plantation system rather than small farms


Why were the three regions of colonies so different?

The Economies of the 3 colonial regions were different because they had different laws,different geographies,different cultures,and different religions


What kinds of activities made up the early economies of the North America colonies?

What activities nade up the early economies of the North America colonies


What kind of activities made up early economies of the North America colonies?

What activities nade up the early economies of the North America colonies


Which colonies had developed slave-based plantation economies by the late 1600s?

the southern colonies


How did women contribute to colonies economies?

Making food and clothing


What was the relationship between colonizing countries and their colonies?

The colonizers used the resources of their colonies to grow their own economies.


What is the relationship between colonizing countries and their colonies?

The colonizers used the resources of their colonies to grow their own economies.


What kinds of activities made up the early economies of the North?

What activities nade up the early economies of the North America colonies