Chattel slavery
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mercantilism
The evolution of business began with feudalism in the day of kings, lords, knights and vassals. Traveling merchants observed that some products were in abundance in some locations and scarce in others. So, they purchased these products and transported them to the areas where the products were scarce and sold them for profit. Capitalism came in and this is the point where i say, read your study chapter and do your own homework.
.The theory and system of political economy prevailing in Europe after the decline of feudalism, based on national policies of accumulating bullion, establishing colonies and a merchant marine, and developing industry and mining to attain a favorable balance of trade.The practice, methods, or spirit of merchants; commercialism
Feudalism was a national economic organizational system. Anyone who lived in a feudal society contributed to feudalism in the same way that anyone who lives in a capitalist society contributes to capitalism.
khk
mercantilism
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.
3 CAUSES support of the nobles beneath him. heavy taxes the growth of army's
Feudalism.
what is feudalism
The encomienda system was based on a Spanish colonial practice where Spanish conquistadors were granted control over indigenous peoples' labor and land in exchange for converting them to Christianity and providing protection. This system was exploitative and led to abuse and mistreatment of the indigenous populations.
Absolutism began during the transition from feudalism to capitalism in the early 17th century. It came about through the concept of the "Divine Right of Kings" meaning that a Kings power came directly from God not from the people, so the ruler is not accountable to them. The monarch had control over every aspect of the government, they had 'absolute power'. Basically absoultism started because of the mindsets of people in the time period, the monarch was chosen by God thus they have the power to rule as they wish.
Feudalism is a bargain between a lord and his vassal. Feudalism is the bargain between a lord and his vassal.
The Franks created feudalism
Feudalism Every sovereign state
Feudalism first emerged among the franks