Answer:
A command economy is where a central government makes all economic decisions. Either the government or a collective owns the land and the means of production. It doesn't rely on the laws of supply and demand that operate in a market economy. A command economy also ignores the customs that guide a traditional economy.
Answer:
The construction of the Suez and Panama canals had substantial impacts on global trade, mainly over two factors.
Explanation:
The first and most obvious concerns the reduction of travel distances between economic regions. The second relates to the introduction of the steamship during the same time period which was able to use more direct routes at a faster and consistent speed, compounding the gains from shorter travel distances.
Imperialism is the practice of a larger country or government growing stronger by taking over poorer or weaker countries that have important resources.
<u>Explanation:</u>
Various motives prompt empires to seek to expand their rule over other countries or territories. These include economic, exploratory, ethnocentric, political, and religious motives.
Three periods in the modern era witnessed the creation of vast empires, primarily colonial. Between the 15th century and the middle of the 18th, England, France, the Netherlands, Portugal, and Spain built empires in the Americas, India, and the East Indies.
Did the articles of confederation give most power to the states or the national government