Mercantilism was driven by the belief that a country's wealth and power depended on accumulating precious metals through a favorable balance of trade. Governments implemented policies such as tariffs, subsidies, and monopolies to protect domestic industries and promote exports. This led to economic competition and conflict among nations vying for resources and markets.
Political factors that influence the development of a code of ethics may include government regulations, political ideologies, lobbying efforts by interest groups, and the influence of political stakeholders. These factors can shape the values, principles, and standards included in the code of ethics to align with prevailing political interests and agendas.
Examples of political factors include government stability, policy decisions, political stability, and regulatory changes. These factors can directly impact businesses by influencing economic conditions, trade relations, and market regulations.
Demographic factors help shape political opinion through a process known as political socialization, where individuals adopt political beliefs and values based on their background. Factors like race, ethnicity, and region can influence how individuals view issues and candidates due to differing experiences and perspectives within these groups. These demographic characteristics can also affect political behavior and voting patterns.
Political corruption can be caused by a variety of factors, including lack of transparency, weak institutions, concentration of power, greed, and lack of accountability. Additionally, factors such as impunity for wrongdoing, political polarization, and lack of oversight can contribute to a culture of corruption in politics.
Political scientists use political models to simplify and explain complex political processes, relationships, and behaviors. These models help them make predictions, analyze data, and understand the impact of various factors on political outcomes. By using models, political scientists can develop theories and test hypotheses that contribute to a deeper understanding of politics.
political, cultural, religious, and economic factors
The differences between mercantilism and cameralism are highlighted by the varying political realities in Western and Central Europe.
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Political factors that could influence a business organisation? Political factors: Changes in local, national or international
Mercantilism.
mercantilism
mercantilism
Between 1600 and 1800 most of the states of Western Europe were heavily influenced by a policy usually known as mercantilism. This was essentially an effort to achieve economic unity and political control.
Between 1600 and 1800 most of the states of Western Europe were heavily influenced by a policy usually known as mercantilism. This was essentially an effort to achieve economic unity and political control.
Because mercantilism was an economic and political theory emphasizing money as the chief source of wealth
Political factors that influence the development of a code of ethics may include government regulations, political ideologies, lobbying efforts by interest groups, and the influence of political stakeholders. These factors can shape the values, principles, and standards included in the code of ethics to align with prevailing political interests and agendas.
Mercantilism is the theory and practise of political economy in Europe after the decline of feudalism, based on national policies of accumulating gold, establishing colonies and a merchant marine fleet, and developing industry and mining to attain a favourable balance of trade.