Answer:
(read this, i hope it helps u with the question)
Answer:Making Economic Decisions
Individuals are forced to make trade-offs every time they use their resources in one way and not in another. The cost of making a trade-off is known as opportunity cost—the value of the next best alternative that has to be given up to do the action that is chosen.
Explanation:
- The British first assumed control of India by fighting a terrible war
- The British East India Company only handled company business matters.
India was considered the most important colony of the British Empire and, therefore, the term British India was coined. The territory of India was under total control of the United Kingdom.
British India was a multicultural environment, formed by different races, languages and religions, especially the Indo-Europeans and the Mongolian race. In this period, the territory of India had more than 3 thousand languages and dialects and the religion of Brahmanism (Hinduism) was the most important.
England had a viceroy in Indian territory, who represented the highest authority in the colony and was responsible for accountability to the British Empire in London.
im not for sure but maybe
china-socialist
japan-capitalist
north korea- socialist
india- idk
again i have no clue but this is what i would guess if it was me
-sorry
