Capitalism allows businesses to operate without regulation, while mercantilism is based on strict government control over economies. [APEX]
Economies of most, but not all, cultures are based on some type of currency (money). Economies could also be based on barter, gold, etc.
True
Command economies rely on a central government. This is in direct opposition to Laissez-Faire Economics which supports a free market. Based on various factors, including a lack elected officials with sufficient economic expertise, corruption and a lack of technical training, support and adequate infrastructure, these command economies have failed to produce good results.
A mixture of agriculture and manufacturing
Countries with little industry are often referred to as "developing countries" or "less industrialized countries." These nations typically have economies that rely more heavily on agriculture or natural resource extraction rather than manufacturing or technology-based industries.
Capitalism allows businesses to operate without regulation, while mercantilism is based on strict government control over economies. [APEX]
This question is based on a false premise. The European union has not promoted the establishment of socialist economies in member nations. There are no members of the European Union which have socialist economies. All members have capitalist economies.
Industrialized countries require more educated workers to operate machines, etc. An agrarian economy (one based on agriculture) requires more people working more hours in unskilled labour so it is more important for farm workers to be out working in the field and workers in industrialized nations to be in school as well as working.
agricultural production
The Marshall Plan allowed nations to rebuild their economies and infrastructure based on low-cost or no-cost American loans and material.
Economies of most, but not all, cultures are based on some type of currency (money). Economies could also be based on barter, gold, etc.
Many societies in developing countries are currently in a transition phase from agrarian to industrial economies. Countries such as India, China, and various African nations are experiencing rapid industrialization and urbanization as they shift from agricultural-based economies to manufacturing and service-based industries.
Industrialized can be defined as an economy that is based on manufacturing as opposed to an agricultural economy based on farmlands & farm products. The leading economic countries are industialized.
The fourth wave of feminism is the wave that focuses on the issues of women in the Least Industrialized Nations. This wave aims to address global issues such as gender inequality, poverty, access to education, and healthcare for women in these regions. It emphasizes the intersectionality of gender with other forms of oppression based on race, class, and nationality.
Europe started to develop economies based slavery in the late 15th century.
(Apex) Capitalism allows businesses to operate without regulation, while mercantilism is based on strict government control over economies.