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mojhsa [17]
3 years ago
11

True

History
1 answer:
navik [9.2K]3 years ago
5 0

Answer:

True

Explanation:

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In the long term, what economic policy is born out of commodification
Artemon [7]

Answer:

capitalism.

Explanation:

Commodification can be defined as the transformation of something into some good or service that can generate value for an individual and generate profit through its commercialization.

In the long run, commodification has instituted capitalist economic policy on the basis that capitalism is the generation of profits.

A capitalist system works by operating private properties of commerce and industry without state interference so that they can transform something into goods to be sold on the market and accumulate profits.

Individuals have needs that are met by the economy in the form of products and services, which feed the market and the capitalist system is strategically taking advantage to increasingly institute the commodification that will make the system achieve the main objective of wealth accumulation.

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Which resources helped industry and farming develop in europe?
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Iron and ore help create steamboats and railroads for transportation or goods
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How has Saudi Arabia set up private enterprise over the last 30 years?
mylen [45]

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Saudi Arabia depends on oil and has strong government control over major economic activities. (The Saudi economy is actually the largest in the Arab world) Saudi Arabia has the world's second-largest proven petroleum reserves and the country is the largest exporter of petroleum

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