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Because England had colonies and practiced mercantilism.

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Which of the following best describes how China's economy developed during the Tang and Song dynasties?

China's economy thrived, as it increased it's trade and interaction with societies in Asia, Africa, and Europe.


What century did the economy of Europe sink into a deep depression?

14 th


How was the economic development of western Europe during the cold war years different to that of japan?

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.


Why was the spice trade so important in shaping global economies and influencing exploration during the Age of Discovery?

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.


What was done during the era of reform to eliminate slavery and realize the ideals of the Declaration of Independence?

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.

Related Questions

Which nation's economy was destroyed during the Age of Discovery?

I think China


Was North Korea communism or capitalism during the Cold War?

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.


Why was England the leading country during the Age of Discovery?

They were the wealthiest country in Europe.


What role did gold play in the economy of Europe during the 1500s?

uiy


What role did gold play the economy of Europe during the 1500?

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Did Europe shift to an age of capitalism?

Europe became capitalist during the fall of feudalism.


What statement best describes the Safavid economy during the rule of Shah Abbas?

The economy thrived as a result of rising trade with Europe and Asia -Apex-


How did feudalism helped shape potlitical and social development in Europe during the middle ages?

by refundind the economy


During the Berlin Wall period which side was capitalist?

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.


Which of the following best describes how China's economy developed during the Tang and Song dynasties?

China's economy thrived, as it increased it's trade and interaction with societies in Asia, Africa, and Europe.


What century did the economy of Europe sink into a deep depression?

14 th


What is a bust phase in a capitalist economy?

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.