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Although I don't know much about it, I do know the main one is trade. The commonwealth is bursting with economic opportunies and everyone gets to buy into that (hence the name common - wealth).
Also I guess expertise, poorer countries can take advice on richer ones as to how to expand economy and grow.
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What is the difference between a 'commonwealth' and a 'state' In a commonwealth landowners do not possess mineral or oil rights to their land. They don't actually own their land but own its use.?
Numerous definitions can be applied to the term commonwealth. In its loosest form, commonwealth means for the common or public good, and is often a state formed for the common good of the people. The term commonwealth can also apply to a group of nations that have a loose alliance for the good of all members of each nation. Several US states have commonwealth designation. These are Virginia, Massachusetts, Kentucky, and Pennsylvania. The commonwealth designation was important as these states originally defined their governance in direct opposition to the governance of the British Empire. The designation now lacks meaning and has merely been retained as a salute to the past history of rebellion that freed the US from British rule. google_ad_request_done.current_ad_block = 1; google_protectAndRun("ads_core.google_render_ad", google_handleError, google_render_ad); Some US territories are also organized as commonwealths. These territories, like Puerto Rico, are not entitled to the same rights and benefits as recognized states. For example Puerto Rico's designation as a commonwealth implies an ongoing relationship with the US, but does not imply statehood.
Who is the head of Commonwealth?
Queen Elizabeth II is the current head of the Commnwealth fo Nations.Yoweri Museveni, (President of Uganda) is the Current Chairperson of the Commonwealth Council
What is a partly self-governing territory?
Commonwealth
Why was the Commonwealth established?
so people could eat tacos
What does commonwealth state mean?
A commonwealth is any political entity that was founded on law and united by a compact for the good of the people.# The people of a nation or state; the body politic.# A nation or state governed by the people; a republic.# Commonwealth## Used to refer to some U.S. states, namely, Kentucky, Massachusetts, Pennsylvania, and Virginia.## Used to refer to a self-governing, autonomous political unit voluntarily associated with the United States, namely, Puerto Rico and the Northern Mariana Islands.# An international association such as The Commonwealth of Nations (formerly the British Commonwealth) or the Commonwealth of Independent States (former Soviet Republics).# The English state and government from the death of Charles I in 1649 to the restoration of the monarchy in 1660, including the Protectorate of 1653 to 1659.# Archaic. The public good; commonweal.
