jershaun8219 jershaun8219

20-12-2022
Social Studies

Answered

the idea that all countries in the world belong to a larger, global system based on capitalism is called

Answer :

Mariya251 Mariya251

23-12-2022

The idea that all countries in the world belong to a larger, global system based on capitalism is called global capitalism

Global Capitalism

Global Capitalism is an economic system based on the idea that all countries in the world belong to a larger, global system based on the principles of capitalism. This system is characterized by free trade, open markets, and the free movement of capital and labor across international borders. It is based on the idea that the free market can provide the best solutions to global economic issues and that countries should not be restricted by geopolitical boundaries when it comes to economic activities. In Global Capitalism, international companies can invest in and operate in any country in the world, and countries can purchase goods and services from any other country. This system has been beneficial to many countries as it has allowed them to increase their wealth, expand their markets, and increase their economic power. However, it has also caused some economic inequality between countries and has made some countries more vulnerable to economic shocks.

To know more about capitalism visit here:

https://brainly.com/question/27247922

#SPJ4

Answer Link

Other Questions

Now, shift your focus on the two health care systems to economic terms. (the two health care systems in question are America and UK) What resources are scarce?

Who came up with the idea to surround the British using geography?

What are the reasons that American citizens might reject a one-party system?

Read the excerpt from Why the Children of Birmingham Marched. Finally, in 1963, Shuttlesworth asked Martin Luther King, Jr., for help. King was a minister in At

the condition that results when interests conflict and no coalition is strong enough to form a majority and establish policy is called

a skill that should be accomplished by a certain age and is a marker of development is called a

Candidates jones and smith are competitors in the 2020 election. they have developed very different playbooks for targeting voters. candidate jones intends to f

Why is the surge of migrants into some European countries such as Germany and France causing discontent among some of the population?

We see Amy providing feedback to Alex that although he is performing well in multiple areas, there are also areas for potential improvement. Based on Amy's feed

What is the main idea of this passage? a herbivores are necessary to support an ecosystem. b grasslands are shrinking as nearby cities expand. c prairies are ri