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The economic system where colonies supply goods to the mother country is called .?
The economic system is called mercantilism.
An economic system in which colonies supply goods to the mother country is called .?
The economic system is called mercantilism.
Government ensures a what system to control money?
It has an economic system
What economic system did almost all the republics move to after the breakup of the Soviet Union rather than Communism?
They moved to a mixed economic system.
What type of political system has collective government ownership of the economic system?
Socialism
What French economist is most associated with the mercantile economic system?
The French economist most associated with the mercantile economic system was Colbert.
Which economic system is laissez faire most commonly associated with?
capitalist
Which economic system has become associated with authoritarian governments and total control of the economy?
The command economy is the economic system that is associated with authoritarian governments and total control of the economy. The government imposes strict control of the production activities, pricing and exports.
What economic reality for workers was most closely associated with the development of the factory system?
Reduced need for skilled workers.
What are the different economic system?
traditional economic system command economic system market economic system
What are the three different economic system?
traditional economic system command economic system market economic system
What are three main economics for economic system?
There are 3 main economics for economic system which are given below: 1.) Capitalism economic system 2.) Socialism economic system 3.) Mixed economic system .
A capitalist economic system is commonly associated with totalitarianism?
A capitalist economic system is commonly associated with liberal democratic ideology. The capitalist system involves the exchange of capital, products, and labour in markets between producers, manufacturers and firms with consumers and households. Minimal state-intervention guarantees property rights and provides an impartial and effective legal system to create incentives for economic development.The main feature that does not allow capitalist economic system to be associated with totalitarianism is lassiez-faire or the 'free market' principle advocated by Adam Smith. Totalitarian states often have large bureaucracies that usually control supply to meet demand and more generally plan and heavily regulate the economy - features that are inconsistent with capitalism.I hope that helps!
Why is it that there is no ideal economic system?
no ideal economic system
What the economic system vs political system?
What the Economic system v. political system
What are types of economic system?
Free economic system which is also called capitalist economy Centrally planned economic system which is also called the socialist economy Mixed economic system Military economic system
What economic system does Ghana have?
Nothing, that don't have an economic system.
