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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.
How does mercantilism differ from capitalism or the free enterprise system?
Mercantilism allows governments to control economies, while capitalism gives individual more economic control. -Apex 2.4.2 test
What is the cause of mercantilism 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.
What is the most distinctive feature of capitalism?
growth
Why was mercantilism important?
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.
Interest in colonization grew in England because of?
the growth of merchant capitalism
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.
What were essential elements of Commercial Revolution?
These are:increased in capitalrise of bankingintroduction of credits facilitiesinternational commercial expansiondevelopment of efficient money economy
How does mercantilism differ from capitalism or the free enterprise system?
Mercantilism allows governments to control economies, while capitalism gives individual more economic control. -Apex 2.4.2 test
What has the author Y S Brenner written?
Y. S. Brenner has written: 'Capitalism, competition and economic crisis' -- subject(s): Economic history, Capitalism 'Theories of economic development and growth'
What is the cause of mercantilism 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.
When did capilalsm emerge?
Capitalism emerged during the late Middle Ages and early Renaissance in Europe, evolving from feudal economic structures. The rise of capitalism was marked by the growth of trade, investment in businesses, and the development of banking systems.
According to Weber which religion was a necessary condition for the development of capitalism?
Max Weber argued that Protestantism, particularly the Calvinist branch, was a necessary condition for the development of capitalism. He believed that the Calvinist emphasis on hard work, discipline, and frugality contributed to the growth of capitalist economies in Western Europe.
What has the author Maurice Dobb written?
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
What has the author D J Frantzen written?
D. J. Frantzen has written: 'Growth and crisis in post-war capitalism' -- subject(s): Business cycles, Capitalism, Economic development, Economic history, International economic relations
What was colonization linked to?
National growth.
What is the most distinctive feature of capitalism?
growth
