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s344n2d4d5 [400]
3 years ago
7

50 POINTS AND BRAINLIEST What are some economic trends and specific characteristics of modern European economies.

Social Studies
1 answer:
aksik [14]3 years ago
8 0

Answer:

Europe was the first of the major world regions to develop a modern economy based on commercial agriculture, industrial development, and the provision of specialized services. Its successful modernization can be traced to the continent’s rich endowment of economic resources, its history of innovations, the evolution of a skilled and educated labour force, and the interconnectedness of all its parts—both naturally existing and man-made—which facilitated the easy movement of massive quantities of raw materials and finished goods and the communication of ideas.

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