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trasher [3.6K]
3 years ago
10

Explain the basic difference between the republican party and the democratic party in terms of their approaches to economic poli

cies.
History
1 answer:
faltersainse [42]3 years ago
4 0
Democrats: fight for minimum wages and progressive taxation along with government regulation of the economy.

<span>republicans: taxes shouldn't be increased and all wages should be set by the free market (no minimum wage). </span>
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3 years ago
Without the support of the african salve trade , how well would great britains economic policy have worked?
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HOMEWORK HELP > HISTORY

Was the African slave trade necessary for Great Britain's economic policy to work?

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Expert Answers

MRKIRSCHNER | CERTIFIED EDUCATOR

Great Britain's economic policy, mercantilism, required that the country export more goods than it imported. For this to happen, Britain needed to maintain its status as the world's strongest industrial power. Britain did this by acquiring colonies overseas. It was motivated to do this because it needed new markets for its finished goods. The colonies could also be used to supply raw materials for manufacturing.

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