Answer:
For free market economy, we can explain it in 3 expects. First, because households are the 'owners' of productive resources, firms have to pay them for their resources in the resource market, they can produce everything they want, the type and amount of products are determined by every individual firms, but they should produce the goods and service that other companies or household want, and can make the maximum profits, more profits, more motive for the producers. Prices are determined by householders.
While For the centrally planned economy, (it is also called command economy), all the resources (land, labour and capital) in the market are allocated by government, and it makes all the productive decisions, including price determination, so, the centrally planned economy is a government-controlled economic situation. First, a centrally planned economy may choose to produce whatever the government decides is most crucial to meeting society's needs, the government should provide services and goods that can cater to the people's need. Like in the 19th and 20th centuries period, in China, Mao Zedong realized that China is under a low level of heavy industry, so he decided to develop it first, then the light industry, this decision is sensible and realistic.
Answer:
He made france a economic power / hope this helped plz make me brainliest
Explanation:
Answer:
The French traded furs for iron tools, kettles, wool blankets, and other supplies, while Native Americans exchanged furs for items from all over the world.
Explanation:
Before Europeans arrived in the mid-1600s, Native Americans traded throughout the rivers of present-day Minnesota and across the Great Lakes. Following that, European American traders traded manufactured products for precious furs with Native Americans for approximately 200 years.
Fur-bearing animals were mostly trapped by the Dakota and Ojibwe in the Northwest Territory. In the region's forests and streams, they obtained a variety of furs, the most important of which was beaver. Traders from France, the United Kingdom, and the United States offered blankets, rifles and ammunition, fabric, metal tools, and brass kettles in return for the furs.
(Hope this helps can I pls have brainlist (crown)☺️)
Answer:
I think its a or maybe b if im thinking about the right thing
