Economic reforms introducing market principles began in 1978 and were carried out in two stages. The first stage, in the late 1970s and early 1980s, involved the decollectivization of agriculture, the opening up of the country to foreign investment, and permission for entrepreneurs to start businesses.
Answer:
good
Explanation:
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Mercantilism was a widely economic practice during the 16th century - 18th century by countries such as Britain, France, Spain, Portugal, Italy, Germany, Netherlands.
- The economic practice "Mercantilism" is a belief anciently used to conserve nation's wealth and power through increasing exports over imports.
- Thus, a mercantilist an entity who embrace and practice Mercantilism.
In conclusion, a mercantilist will definitely agree the practice is good for the country because its protect and increases the countries economic wealth, leading to increased influence and power.
Learn more about Mercantilism here
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The carved figures of Mycerinus and his queen, were created by ancient Egyptians.