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fewer manufactured goods were produced after the war

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βˆ™ 7y ago
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βˆ™ 12y ago

new world order

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Q: What effect did World War 1 have on government and economies worldwide?
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Why market economies are becoming popular around the world?

market economies are found in democratic forms of government


Why do the world's national economies fall inside the continuum?

because the economies wouldn't be able to stay


What is g - 7 summit?

political meeting of the Heads of Government of the 7 biggest world economies.


Why Europe all though small its effect to countries economy?

Europe is one of the most technologically advanced/industrialized areas in the world, and was the first in fact. It has some of the highest economies on Earth and is a major player in the world economy, so you can see how it would effect other countries' economies.


What is important about Megara's government?

The important thing about Megara's government is that it is a democracy. Megara is located in Greece and has one of the most thriving economies in the world.


Is a mixed economy the same as a market economy?

No. When we say "market economy," we likely mean to say a free market economy-an economy unfettered with government policy interventions. This is usually stated in opposition to a planned command economy-planned by government personnel. Neither of these extremes exist in the real world. World economies are mixed economies. The difference between countries is the degree to which they are mixed. Economies such as Cuba and the former Soviet Union tend toward the command economy whilst economies such as Hong Kong and Singapore are cited as the freest market economies.


What are the four basic economic systems around the world?

There are four types of economic systems: traditional economies, market economies, command economies, and mixed economies. these economic systems differ in how to answer the three basic questions: how to produce, what to produce and for whom to produce. In traditional economies, the three economic questions are decided mainly by social customs. In market economies, the economy is like capitalism in U.S and the economic questions are decided by individuals in the marketplace. In command economies, is like communism and the questions are decided by the government. In mixed economies, they are decided by a combination of market decisions making and government order. Many different combinations of these four kinds of economic systems are operating around the world today, with different degrees of success. Free-market and command (apex)


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Democracy!!!!!!!!!!!!!!!!!!!!!!


What is a result of worldwide economic interdependence?

Because national economies around the world are interdependent, a recession in one can cause a chain reaction of recessions or contractions in the rest of the world's national economies. This is why the Great Recession in the United States (2008-2010) led to the Euro Crisis (2010-2012, probably further). The converse is also true - a recovery in one economy can bolster and support national economies around the world; this is also happening as the United States and China got their feet back underneath them, the economies of Australia and several European countries also stabilized.


Who owns the most cars in the world?

Probably the US Government and then Hertz worldwide. Actually, The Sultan of Brunei.


What is the laissez- fire?

In a truly Laissez-fire economy, the government does not do anything related to the economy. There are probably no truly laissez-fire economies in the world.


How third world economies can can their dependence on first world economies?

They can depend them cause third world econmies start as first world ecoomies.I'm not an expert so..........