1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
postnew [5]
3 years ago
5

How did their previous status as colonies of European powers have an effect on the development of many less developed countries?

History
1 answer:
Trava [24]3 years ago
7 0

Answer:

When they became independent, LDC's relied on central planning rather than free enterprise to modernize their economies.

Explanation:

Centralized Economy is an economic system whose production is controlled by the State, which defines the planning and goals of the country's economy, it is the model proposed by Socialism.  Its objective is to supply the market and guarantee the social needs of the population, which is done through the economic prosperity of the State.

The State studies the need for production so that only what is necessary is produced.

He defines how much he wants to invest and distributes raw materials to producers. The definition of prices is also part of this set of competencies that are the responsibility of the State.  Taking into account these financial planning, there is a reduction in unemployment, which contributes to ensuring that the basic needs of the population are met.

It is the opposite of the Market Economy.

The main characteristics of the planned economy are:

  • the predominance of state-owned companies
  • no business competition
  • the disadvantage of dynamizing companies and, therefore, lack of innovation
  • opposes the economic model of the market economy
You might be interested in
What could be a result of a government not adhering to the rule of law? (Select all that apply.)
soldi70 [24.7K]

The correct answers are A) Laws change often and there is no standard process for deciding what will become law, C) Laws do not apply basic principles of fairness and morality, and E) Laws allow government officials to behave in any way, without adhering to the same laws as other citizens.

<em>The results of a government </em><u><em>NOT ADHERING</em></u><em> to the rule of law could be the following: Laws change often and there is no standard process for deciding what will become law, Laws do not apply basic principles of fairness and morality, and Laws allow government officials to behave in any way, without adhering to the same laws as other citizens.</em>

The rule of law means that nobody, including the government, is above the law. The rule of law is doing this right by every single member in a society. No exceptions.

So The results of a government <em><u>NOT ADHERING</u></em> to the rule of law could be disastrous for the civic life in a society and the security of its citizens. Laws could change and for any reason, to the convenience of the officials. There would be a tendency for corruptive practices. Laws do not apply basic principles of fairness and morality, it could become the "law of the jungle," or the survivor of the fittest. And finally, Laws allow government officials to behave in any way, without adhering to the same laws as other citizens. This means that the powerful men in power can do whatever the like, and impose their will on people.

5 0
3 years ago
Read 2 more answers
Identify the statement that best describes the changes in the front lines between June and November of 1918. Click or tap a choi
aleksley [76]

Answer:

The Eastern Front witnessed a major shift while the Western Front in France saw a quick reversal after a brief period of movement.

Explanation:

The statement that best describes the changes in the front lines between June and November of 1918 is option A.

This is because, during November of 1918, the Eastern Front witnessed a major shift while the Western Front in France saw a quick reversal after a brief period of movement.

4 0
3 years ago
How does inflation affect the economy?
Zarrin [17]

Answer:

it makes the prices go up do to inflation

3 0
3 years ago
Agricultural practices in the United States nearly led to the extinction of the peregrine falcon during the 1950s and 60s. true
Amanda [17]
<span>The answer is True. The historical backdrop of farming in the United States covers the period from the primary English pilgrims to the present day. In Colonial America, horticulture was the essential employment for 90% of the populace, and most towns were delivery focuses for the fare of farming items.</span>
4 0
3 years ago
Read 2 more answers
Popular sovereignty was a policy stating that
Furkat [3]
A policy stating that voters in a territory not Congress should decide whether not to allow slavery there
4 0
3 years ago
Other questions:
  • Refer to the passage.
    15·1 answer
  • Explain the relationship between interest groups and legislation
    6·2 answers
  • What was a popular form of entertainment for the Americans at home?
    5·1 answer
  • Which of the following is NOT one of the characteristics of psychedelic art? (60s)
    8·2 answers
  • How did demographic makeup of texas population drive political movements in the united states during the mid-19th century?
    7·2 answers
  • How we survived during this pandemic?
    14·2 answers
  • Where is the tigris river
    15·2 answers
  • Explain the importance of these students projects about the history of Tulsa?
    14·1 answer
  • in 30 words or fewer why do you think certain themes apply to civilization separated by thousands of miles and hundreds of years
    10·1 answer
  • PLEASE BE QUICK HAS TO BE TURNED IN TODAY!
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!