Before the end of WWII in 1945 most of European countries were in constant wars with their neighbors. This was detrimental for the entire region because the fighting hampered efforts to develop a sustained economic growth. Due to these circumstances, the European Union was born to finally put an end to the endless wars among countries.
Around the 1950s, countries which were producing coal and steel in Europe, decided that in order to continue with the success of the two industries, it was necessary to unite European countries. Thanks to their efforts, the European Union was born.
The founder member countries were Italy, Belgium, France, Germany, Luxembourg and the Netherlands. They have been very successful in creating of the largest economic trading blocks around the world. It is their hope that the success continue for many decades to come.
1. Traditional - most traditional type of economy, and throughout the world many economies function this way. The areas with these economies are usually rural areas, or third world areas that are heavily dependent on farming. In this system, a surplus is rare, each member’s role is specific, and societies are closer knit along with more satisfied, although there is a lack of things such as technology and medicine that is more advanced.
2. Command - A big part of a command economy is controlled by power that is centralized such as the central government. A command system is the core of a communist economic system. The government is involved in most things big and small, along with owning most of the industries. most command economic systems tend to focus on things that are more valuable such as oil rather than jobs and other goods.
3. Market - economy is the free market have firms and households that act in their own self interest rather than in the interest of others. In a command economy the government keeps the profits while in a free market economy the forms and households keep their own profits. in a pure market economy there is no government intervention however none of this exists in the world. in this type of economy the central government in the market are completely separate so the government does not become too powerful.
4. Mixed - when different types of economies are combined this is called a mixed economy. this is usually a cross between a market economy and a command economy. in this type of economy the market is more or less free of government ownership except the government does own a few key things like transportation industries. sometimes in these economy as the government does regulate private businesses this is to use the best of both worlds to incorporate policies that are both socialist and capitalist to create a fair balance of both. most countries throughout the world have a mixed economic system.
Answer:
Correct Answer:
A. All of these all correct
Explanation:
Megalopolis also called a city cluster is a group of two or more roughly adjacent metropolitan areas, which may be somewhat separated or may merge into a continuous urban region. <em>For example, the North- East Magalopolis in U.S.A is a region which contained over 50 million people, about 17% of the U.S. population on less than 2% of the nation's land area.</em>
Operates when people conform to social norms for fear of negative social consequences
