Because England had colonies and practiced mercantilism.
China's economy thrived, as it increased it's trade and interaction with societies in Asia, Africa, and Europe.
14 th
Japan signed a peace treaty with the United States to regulate their devastating economy after the war, they were then trading partners and eventually compete with each other in the global economy.
The spice trade was important in shaping global economies and influencing exploration during the Age of Discovery because spices were highly valued for their flavor, preservative properties, and medicinal uses. The demand for spices led to the development of trade routes connecting Europe, Asia, and Africa, which in turn fueled economic growth and encouraged exploration to find new sources of spices. This competition for control of the spice trade ultimately played a significant role in shaping the global economy and driving exploration during this time period.
Religious groups, members of the press, and radical political groups all cried out for reform, with solutions ranging from subtle reforms of the American capitalist economy, to a call for the creation of a socialist government.
I think China
The economy of South Korea is a capitalist that exists in a mixed economy. The economy system of South Korea, combines both the public and private companies.
They were the wealthiest country in Europe.
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Europe became capitalist during the fall of feudalism.
The economy thrived as a result of rising trade with Europe and Asia -Apex-
by refundind the economy
During the years the Berlin Wall divided the city in half, one side was capitalist and the other side was communist. The west side of the wall was the capitalist side.
China's economy thrived, as it increased it's trade and interaction with societies in Asia, Africa, and Europe.
14 th
A bust phase in a capitalist economy refers to a period of economic contraction characterized by declining economic activity, reduced consumer spending, high unemployment, and falling asset prices. It often follows a boom phase, where rapid growth and speculation lead to unsustainable economic conditions. During a bust, businesses may struggle, and financial markets can experience significant volatility, ultimately leading to a reevaluation of investments and economic fundamentals. This phase can be part of the business cycle, highlighting the cyclical nature of capitalist economies.