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The excerpt from the Virginia Charter likely references mercantilism, an economic policy that emphasizes the role of the state in managing the economy to enhance national power. Under this system, colonies were expected to provide raw materials to the mother country and serve as markets for its manufactured goods. This policy aimed to accumulate wealth and strengthen the economic interests of the colonial power, in this case, England.

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The excerpt below is from Adam Smith and The Wealth of Nations. Which of his economic philosophies can be seen in modern free enterprise systems?

Capitalist countries rely on competition between businesses to set fair prices for goods.


What period was Carnegie describing in the excerpt wealth?

In the excerpt from "Wealth," Andrew Carnegie describes the late 19th century, a time marked by rapid industrialization and economic expansion in the United States. This period saw significant wealth accumulation among industrialists and entrepreneurs, leading to stark contrasts between the affluent and the impoverished. Carnegie emphasizes the responsibilities of the wealthy to use their fortunes for the greater good of society, reflecting the social dynamics and moral considerations of his era.


What does the excerpt point to as an advantage of exporting goods to another country?

The excerpt highlights that exporting goods to another country can lead to increased market access, allowing businesses to reach a wider customer base and potentially boost sales. Additionally, it can enhance a company's competitiveness by diversifying its markets and reducing dependence on domestic consumers. This expansion can also lead to economies of scale, lowering production costs and increasing profitability.


Based on the excerpt below what benefit would do US gain by investing in the rehabilitation of Europe through the Marshall plan?

The U.S. would gain significant geopolitical advantages by investing in the rehabilitation of Europe through the Marshall Plan, as it would help stabilize European economies and prevent the spread of communism. By fostering economic recovery and political stability, the U.S. could strengthen alliances and create a market for American goods, boosting its own economy. Additionally, a prosperous Europe would enhance collective security and cooperation against potential threats, solidifying U.S. influence in the region.


The meaning estoppel in real estate?

Here is an excerpt from a previous Answers.com topic regarding estoppel. I take no credit for this definition, but believe it will accurately address your inquiry.A doctrine of law that stops one from later denying facts which that person once acknowledged were true and others accepted on Good Faith.Example: Abel signs a certificate acknowledging that he owes $10,000 on a Mortgage as of a certain date. Later he contends that he owed only $5,000. Abel is prevented from asserting this new contention under estoppel.

Related Questions

What does the excerpt imply?

Obama understands that personal problems can make it difficult to focus in school


Which of the following historical conditions is the focus of the excerpt?

economic environment


Define revolution' in thomas Jefferson notes on the state of Virginia excerpt from query XIV?

i font know:(


What is the abbreviation for excerpt?

Exc. is the abbreviation for excerpt.


What is the prefix to excerpt?

The prefix to "excerpt" is "ex-".


What part of speech is excerpt?

Excerpt is a noun.


What question was Thucydides trying to answer in this excerpt?

Give the excerpt and you might get an answer.


What is a sentence for excerpt?

An excerpt is an extract from a book or a work of music.


Which line from this excerpt contains imagery?

I'm not sure which excerpt you are referring to. Can you provide me with the excerpt so I can identify the line containing imagery for you?


The following is an excerpt from a speech given by President Ronald Reagan in 1987. Which aspect of Reagan's plan to end communism is evident here?

Without the specific excerpt from President Reagan's speech, I can only provide a general answer. Reagan's plan to end communism often emphasized a strong military posture, economic pressure on the Soviet Union, and support for anti-communist movements worldwide. If the excerpt highlights themes of military strength, economic initiatives, or promoting democracy, these would reflect his broader strategy to undermine communist influence and promote freedom.


What does this excerpt reveal about the temperaments and pysche of the burma?

You need to include the excerpt.


What does this excerpt reveal about the temperaments of psyche of burma?

You need to include the excerpt.