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.
Capitalist countries rely on competition between businesses to set fair prices for goods.
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.
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.
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.
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.
Obama understands that personal problems can make it difficult to focus in school
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Exc. is the abbreviation for excerpt.
Excerpt is a noun.
The prefix to "excerpt" is "ex-".
Give the excerpt and you might get an answer.
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?
An excerpt is an extract from a book or a work of music.
You need to include the excerpt.
You need to include the excerpt.
An excerpt is a selected portion from a longer work such as a film or book. So long as you bear in mind its correct meaning, you can use the word "excerpt" in much the same way that you use the word "sample."The trailer shows an excerpt from the film "Avatar."The author read an excerpt from his new novel. I used an excerpt of the speech in my term paper.