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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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Q: What are the benefits of being in the Commonwealth?
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What are the benefits of being a commonwealth country?


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

Related questions

What are the benefits of being a commonwealth country?


Benefits of a commonwealth?

What are the benefits of being in the commonwealth?By Austin Feldmanthank you.I would love a responseWhat are the benefits of being in the commonwealth?By Austin Feldmanthank you.I would love a response


What benefits do countries have being part of the commonwealth?

There is no direct economic or political benefit from being a member of the Commonwealth, although trade between Commonwealth members tends to be more intensive than the trade with non-members, also because of regular economic and political summits between members. Some Commonwealth countries (but certainly not all of them) give preferential treatment to citizens of other Commonwealth countries. As a commonwealth citizen, you can get consular assistance anywhere in the world from the embassy of another Commonwealth country if your own country does not have an Embassy there.


Why Ireland should not join British Commonwealth?

Ireland was in the Commonwealth until 1949. As an independent country and a republic, there is no reason for it to join again. It can still conduct relationships with Commonwealth countries through its Department of Foreign Affairs, and it does have embassies in many Commonwealth countries. It also trades with them. So it can maintain all diplomatic connections and get those benefits without being a member of the Commonwealth.


Why did Jamaica join the commonwealth?

Jamaica joined the Commonwealth Games by being a member of the British Commonwealth.


Why did Jamaica join the commonwealth games?

Jamaica joined the Commonwealth Games by being a member of the British Commonwealth.


Where are the 2010 Commonwealth Games being held and what is the mascot?

The 2010 commonwealth games are being held in New Delhi, India. The official mascot for the 2010 commonwealth games is Shera.


Where are the commonwealth games being held 2010?

The 2010 commonwealth games will be held in Delhi, India.


What country is the 2010 Commonwealth games being held in?

The 2010 Commonwealth Games were held in India.


When are the commonwealth games being held?

The next Commonwealth Games will be held in 2018 in Gold Coast.


Who won the last commonwealth game for volleyball?

Despite being a recognized Commonwealth Games sport, Volleyball has never been contested at the Commonwealth Games.


Is the US participating in the Commonwealth Games being held in India?

US is not participating in 2010 commonwealth games.