The economy you described in your question is called a market economy. It has free markets and the production of goods and services are determined by the consumers.
Development of the middle class, i hope that helped
Bulla, an amulet worn like a locket, was given to male children in Ancient Rome nine days after birth. ... Roman bullae were enigmatic objects of lead, for the well-off covered in gold foil. A bulla was worn around the neck as a locket to protect against evil spirits and forces.
<span>The merchants embraced
Islam, because it gave them a very important point of union with the
clients and partners who had this religion, facilitating trade in Muslim
towns. The monarchs, by belonging to Islam, in the same
way as merchants, took advantage of religion to lay the foundations of
alliances; and also because Islam taught them how they should be, and how to behave. <span>The
educators embraced Islam because the Muslims were in favor of
education, they supported it and that favored the support of schools and
teaching (including the study of Islam).</span></span>
Explanation:
Terms in this set (44) What is the difference between New and Old immigrants? Old immigrants came to the U.S. and were generally wealthy, educated, skilled, and were from southern and eastern Europe. New immigrants were generally poor, unskilled, and came from Northern and Western Europe.