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When the people went to explore, they found spices, plants, animals, and food. So these items led to producing a market economy, supply and demand, capitalism, and mercantilism.
Mercantilism allows governments to control economies, while capitalism gives individual more economic control. -Apex 2.4.2 test
The cause of mercantilism growth was because the Europeans were tired of paying much from spices from Italy. They want to get the spices themselves from Asia.
growth
Mercantilism is important to the growth of the economy. It helps to trade and supply goods and makes services easier. Mercantilism became dominant in Europe in the year 16th to 18th century.
the growth of merchant capitalism
When the people went to explore, they found spices, plants, animals, and food. So these items led to producing a market economy, supply and demand, capitalism, and mercantilism.
Mercantilism allows governments to control economies, while capitalism gives individual more economic control. -Apex 2.4.2 test
The essential elements of the Commercial Revolution were the expansion of trade and exploration, the development of banking and finance systems, the establishment of colonies and mercantilism, and the growth of capitalism. These elements led to increased economic activity, the rise of merchant classes and capitalism, and the integration of economies on a global scale.
Y. S. Brenner has written: 'Capitalism, competition and economic crisis' -- subject(s): Economic history, Capitalism 'Theories of economic development and growth'
The cause of mercantilism growth was because the Europeans were tired of paying much from spices from Italy. They want to get the spices themselves from Asia.
National growth.
Maurice Dobb has written: 'An essay on economic growth and planning' -- subject(s): Economic policy, Economic development 'Capitalism yesterday and today' -- subject(s): Capitalism 'Political economy and capitalism' -- subject(s): Economics, Capitalism 'Social credit discredited' -- subject(s): Social credit 'Capitalist enterprise and social progress' -- subject(s): Economics, Capitalism, History 'U.S.S.R' -- subject(s): Civilization 'Economic growth and underdeveloped countries' -- subject(s): 1945-, Economic development, Economic history 'Wages' -- subject(s): Wages
D. J. Frantzen has written: 'Growth and crisis in post-war capitalism' -- subject(s): Business cycles, Capitalism, Economic development, Economic history, International economic relations
growth
how exploration led to capitalism
how exploration led to capitalism