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Q: Was spartas economy based on trade true or false?
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What is a trade-based economy called?

An economy based on trade is generally termed a market economy by those who study these things.


What economy did Carthage have?

Based on trade.


King Charles II believed englands mercantile economy was threatened when foreigners were excluded from colonial trade?

False


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At present, the African economy is based on commodities and raw materials. Components of its economy include industry, agriculture, and trade.


Was the Spartas or the Athens economy based on agriculture and trade?

Athens was mostly based off of trade because it had such little farmland so it imported a lot of grain and exported a lot of manufactured goods and olive oil when Sparta was self- supported to gain a bigger military advantage so it was based off more agriculture even though usually to get things they usually just went out and stole them given the size of their military.


By 1500 the population of Western Europe had increased dramatically and the economy was considered good?

The population increase in Western Europe by 1500 was due to factors like improved agricultural techniques and trade networks. The economy was considered good due to the growth of cities, trade, and a shift towards a money-based economy, which led to increased prosperity for many.


What ancient Egypt economy based on?

ancient Egypt's economy was based on agriculture and trading in surplus produce. Trade helped them expand there civilization.


What is an extractive economy?

"A resource-based economy, dependant on harvesting or extracting natural resources for sale or trade."


What type of economy does Peru live in?

Peru has a market-based economy heavily influenced by foreign trade.


What was Egypt's economy based upon considering they did not have a system of money?

Trade.


Describe the sectional economic differences in the US during the early 1800?

The North had an economy based on trade & manufacturing. The South's economy was based on farming. In the West, the economy was just emerging.


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