The U.K. must import many raw materials used in manufacturing. The statement which BEST describes the economy of the United Kingdom (U.K.) is that the U.K. must import many raw materials used in manufacturing, as it has not the natural resources to produce them all for all the business which requires them in plenty to produce all the goods required by the UK and also outside the UK. private ownership of property A PRIMARY characteristic of a capitalist system is the private ownership of property, which allows gaining money from the use of that property, which constitutes the capital, otherwise, know as the source of power in a total capitalist system. Nowadays, there are no countries that applied a total capitalist system, preferring to give some sort of the regulation to the market. fish Fish is the resource from the North Sea is the MOST important for the economies of Europe because it is the one most diffuse and important. The other listened could be found as well but in minor quantity, not making them essentially for the economy of Europe. Fish on other hand is extremely important as a natural resource. parliamentary Both the United Kingdom and Germany can be said to have a parliamentary system of government. A parliamentary system of government is a system where there is a parliament which execute the legislative power of the country, and both UK and Germany have a parliament, though they have different government system.
