Capitalist economic systems are typically more productive in the amount of resources they develop.
In a socialist economy, the government controls the means of production. This means they would determine how many goods/resources are needed for their citizens. However, in a capitalist society, the amount of goods/resources produced is dependent on the wants of the consumer. This allows businesses to curtail their production to the needs of the citizens rather than the government.
Answer:
Global Spread: Gold Standard
The stock market crash of October 1929 led directly to the Great Depression in Europe. When stocks plummeted on the New York Stock Exchange, the world noticed immediately. ... The gold standard was the primary transmission mechanism of the Great Depression
They were brought on a dutch ship that had captured them from the spanish.
