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What basic assumption did mercantilists hold about their colonies?
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∙ 10y ago
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∙ 10y ago
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Was slavery expensive or profitable for the southern economy?
It was very profitable. It allowed the southern colonies to hold profitable tobacco planting. Off this staple crop, they made a lot of money.
What is the difference between mercantilism and imperialism?
Imperialism describes a type of power relation when one politically entity is subordinate to another. Imperialism can take many forms since there are different ways to make countries subservient to other countries (e.g.) military forces; money). Mercantilism is an economic system in which the purpose of economic development and trade is only to benefit the home country. Mercantilists believed trade to be a zero-sum game (i.e.) if someone is getting trade, someone must be losing it) and that the most important resource to hold was gold (and they encouraged getting as much of it as possible). Mercantilism and imperialism overlapped each other during the first wave of European imperialism in the Americas. European powers developed colonies to extract resources and create markets to export goods to.
Is the European Union a colonial power?
Sort of. Several countries within the European Union still hold several colonies and territories around the world, some of which are part of the European Union. However, the EU as a whole is not considered a colonial power.
What are monotonic preferences?
Monotonic Preference is an assumption that consumers would prefer more rather than less of the goods they consume. If we compare two consumption bundles and one of the bundles has more of all of the goods under consideration, that bundle is preferred by the consumer. For example, if bundle (X1, X2) is 5 cookies and 3 cupcakes and bundle (Y1, Y2) is 7 cookies and 5 cupcakes, the assumption of monotonicity tells us that bundle (Y1,Y2) is the more preferred bundle. This is so because there are more of both goods. This assumption would also hold if (Y1,Y2) contained 5 cookies and 5 cupcakes. In this case, there is the same amount of one good, but there is more of the other good.
What will the future hold?
What does the future hold? Nobody can say exactly. But we can assume. I think that:
What does hold means in the auto gearbox of Mazda familia?
My assumption is that when "hold" is engaged the transmission will not upshift but instead stay in the selected gear
What job did women in the middle colonies not hold?
Woman could not hold a farming job, cause they thought woman could not do that job.
What is a reality assumption?
Reality assumptions are beliefs(perceptions really) that we hold about the way things are. They are assumptions that we make and hold about what happened or what exists or how something works.
What is reality assumption?
Reality assumptions are beliefs(perceptions really) that we hold about the way things are. They are assumptions that we make and hold about what happened or what exists or how something works.
Who wanted to control more of the colonies taxes and tighten England hold on the colonies?
king john III
Who wanted to control more of the colonies taxes and tighten England and hold on the colonies?
king john III
Who wanted to control more of the colonies’ taxes and tighten England’s hold on the colonies?
king john III
What type jobs did slaves in the middle colonies hold?
Blacksmithery
What is the difference between a reality assumption and a value assumption?
Reality assumptions are beliefs that each of us hold concerning what we feel is true and factual about the way things are in the world. A value assumption is when we give things an assumed value. An example is the belief that humans have a higher value than animals.
Who of the following people wanted to control more of the colonies' taxes and tighten England's hold on the colonies?
King George III
What happened if a person died in the middle colonies?
They Hold Special Ceremonies
How many basic principles do Jains hold?
4
