Answer:
Answer: The way scarce resources get distributed within an economy determines the type of economic system. There are four different types of economies; a traditional economy, a market economy, command economy, and a mixed economy. Each type of economy has its own strengths and weaknesses.
Explanation:
Many indigenous peoples soon came to depend on the fur trade as their primary source of income and European-manufactured goods. However, by the mid-19th century changing fashions in Europe brought about a collapse in fur prices and led to the closure of several fur companies. Many indigenous peoples were plunged into poverty and consequently lost much of the political influence they once held.
The killings of beavers during the fur trade were devastating for the local beaver population. The natural ecosystems that came to rely on the beavers for dams, water and other vital needs were also devastated leading to ecological destruction, environmental change, and drought in certain areas. Following this beaver populations in North America would take centuries to recover in some areas, while others would never recover
The area became<span> a </span>part of Mexico<span> in 1821 following its successful war for independence, but was ceded to the </span>United States<span> in 1848 after the </span>Mexican–American<span> War. The western </span>portion<span> of Alta </span>California<span> then was organized and admitted as the 31st </span>state<span> on September 9, 1850.</span>
In theory, a market economy with many producers will most efficiently provide products. The reason for this, is that a market economy is ruled by consumers' needs and wants (as opposed to what the government thinks should be) and producers will compete to satisfy these market's needs.
The areas they thought were in need of the greatest reform were the women's rights to vote, political reform, working conditions, big businesses, and an honest government.
