Which of the following best explains the major difference between economic imperialism and colonialism? a. unlike colonialism, economic imperialism does not require a country to take direct control over a territory. b. unlike colonialism, economic imperialism allows a country to dominate a territory thousands of miles away. c. unlike colonialism, economic imperialism can be used by countries practicing both communism and capitalism. d. unlike colonialism, economic imperialism brings some economic benefits from one country to another territory.

answer: capitalism and socialism are formal economies. the major differences between capitalism and socialism revolve around the role of the government and equality of economics. capitalism affords economic freedom, consumer choice, and economic growth.

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explanation:

most people such as me i dont have one but if   i did i would mostly likely quit my job if the economy was down cylcling that means less money if you go to a bigger job that is prospering you can earn more wage and still be able to feed yourself or why you work all people want more money then they have guarteed most people like me would switch jobs for a better one with higher wage