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How did exploration and colonialism lead to the growth of capitalism market economy and mercantilism?
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.
Why did Henry Clay think that capitalism is Americas future?
Henry Clay believed that capitalism was America's future because he saw it as a driving force for economic growth and innovation. He advocated for the American System, which promoted internal improvements, a national bank, and protective tariffs to foster a competitive economy. Clay argued that capitalism would empower individuals, encourage entrepreneurship, and ultimately lead to prosperity for the nation. By embracing capitalism, he envisioned a prosperous and interconnected society that could thrive on its own resources and talents.
What type of economic system do individuals own most of the businesses?
Capitalism
What is an economic system in which most of the economy's resources are privately owned and managed?
capitalism.
What is capitalism in a sentence?
"My mom thinks that the movie In Time, is against capitalism" Is a sentence using capitalism.
Which of the following is the best example of what would encourage further exploration and colonization of the new world?
buckeye
What is the best example of what would encourage further exploration and colonization of the new world?
the discovery of aztec of inca gold and silver
How did exploration and trade contributed to the growth of capitalism in Europe during this time?
how exploration led to capitalism
How exploration and trade contributed to the growth of capitalism in Europe during this time?
how exploration led to capitalism
What encouraged exploration?
Capitalism
What would encourage further exploration and colonization of the new world?
Factors that could encourage further exploration and colonization of the new world include the discovery of valuable resources such as precious metals, new trade opportunities, availability of fertile land for agriculture, potential for religious freedom, and political motivations to establish power and influence in new territories.
What economic developments took place in Europe after the Age of Exploration?
Capitalism and Mercanttilism took place in Europe after the age of exploration.
What does capitalism encourage?
Competition Innovation in Production
How was exploration and colonization a cause of ww1?
how did exploration lead to world war 1
Interest in colonization grew in England because of?
the growth of merchant capitalism
Why was Spain ownership of the worlds largest overseas holding?
It gave Spain an advantage in exploration and colonization.It gave Spain an advantage in exploration and colonization
What are the vocabulary term of exploration and colonization?
Exploration: The act of travel for the purpose of discovery. Colonization: The act of country claiming, ruling, or settling its people in a territory outside its boundaries.
