Answer:
The British Commonwealth is an alliance of former British colonies.
Explanation:
The British Commonwealth is a group of countries composed almost exclusively of former British colonies that continue to maintain economic, political, cultural and social ties with the United Kingdom.
This organization is made up of 54 countries, and its objective is to maintain these ties between the former colonies, in addition to promoting and giving priority to trade between them. In addition, it seeks to create and regulate a common rights and legal system for all member states.
A large number of these member states continue to recognize the figure of the monarchy, establishing themselves as parliamentary monarchies having Queen Elizabeth II as their monarch. Among others, some examples are Canada, Bahamas or Jamaica.
They believe that governments should meddle into things like economy to improve the lifestyle of others. Socialists usually claim that it is necessary for a government to intervene and deal with businesses and the economy because that ensures that there's equal rights for all people and people are protected from exploitation and monopolies and similar things.
It has been established that the price is determined according to the request for goods by the consumers and the quantity provided by the producers, thus creating a balance in which consumers will want to acquire everything that producers of goods and services producers at the agreed price, and producers are also willing to take their production levels that consumers are demanded, always keeping a balance; since otherwise, the producers would lose to having an excess of goods and very few consuming them, which in turn, would force to lower too much the costs so as not to have a huge loss of profits.
