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Earn +20 ptsQ: Economy in Britain in 1912
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What type of economy does Britain have?
Command
Is Britain a capitalist or socialist economy?
true
The first nation to build its economy on capitalism was who?
The first nation to build its economy on capitalism was Great Britain. Laws were changed to allow free trade in England and elsewhere in Great Britain.
How did Britain's economy effect the process of industrialization?
Positively, by Britain allowing women and children to work long hours.
What type of economy is Britain Sweden and India?
Free market economies
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