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a) Identify ONE way in which the adoption of free-market economic policies in the late twentieth century changed global trade.

b) Explain ONE difference in the way in which the adoption of free-market economic policies in the late twentieth century affected economies in two different regions.

c) Explain ONE reason why many states adopted free-market economic policies in the late twentieth century.

Sagot :

Technology boost is the way by which the adoption of free-market economic policies in the late twentieth century changed global trade.

What is a free market economy?

Free-market economic system is the system where, there is no or very little regulation of government in the demand and supply of products.

  • a) Identify ONE way in which the adoption of free-market economic policies in the late twentieth century changed global trade.

Technology boost is the way by which the adoption of free-market economic policies in the late twentieth century changed global trade.

Here, the one world, one economy type incentives promote the entrepreneur to produce more products.

  • b) Explain ONE difference in the way in which the adoption of free-market economic policies in the late twentieth century affected economies in two different regions.

The one region which is southern and Eastern Europe and the other one was US. The economy in this period in US was calm and stable. This  is due to the adoption of free market economic policies.

  • c) Explain ONE reason why many states adopted free-market economic policies in the late twentieth century.

In the 20th century, several of the state were controlling their economies. The society detour end nearly about the 1980s. This result decommunization of Eastern Europe, collapse of Soviet Union and adoption of market reform by china, leads the adoption of free market economics in late 20th century.

Hence, the technology boost is the way by which the adoption of free-market economic policies in the late twentieth century changed global trade.

Learn more about the free market economy here;

https://brainly.com/question/24757596

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