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What the difference between feudalism an mercantilism how do they connected?
khk
During the commercial revolution the joint stock company was developed to meet the needs of mercantilism or communism or socialism or feudalism?
mercantilism
What economic system is most like the encomienda system?
The encomienda system is most comparable to a feudal economic system. In both systems, a ruling class is granted control over land and labor, often exploiting the labor of a subordinate class for agricultural production and resource extraction. Similar to feudalism, the encomienda system involved a hierarchical structure where the encomenderos (landlords) received labor and tribute from indigenous peoples in exchange for protection and governance. Both systems highlight inequities in power and wealth distribution, relying on coercive labor practices.
Describe the evolution of business and include feudalism mercantilism capitalism commerce property rights the Industrial Revolution?
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.
What is the main concept behind mercantilism?
.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
What the difference between feudalism an mercantilism how do they connected?
khk
During the commercial revolution the joint stock company was developed to meet the needs of mercantilism or communism or socialism or feudalism?
mercantilism
What is mercantilism all about?
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.
What are the causes of absolutism?
3 CAUSES support of the nobles beneath him. heavy taxes the growth of army's
What economic system is most like the encomienda system?
The encomienda system is most comparable to a feudal economic system. In both systems, a ruling class is granted control over land and labor, often exploiting the labor of a subordinate class for agricultural production and resource extraction. Similar to feudalism, the encomienda system involved a hierarchical structure where the encomenderos (landlords) received labor and tribute from indigenous peoples in exchange for protection and governance. Both systems highlight inequities in power and wealth distribution, relying on coercive labor practices.
What system of government was based on the exchange of the land for protection and service?
Feudalism.
What are the characteristic of feudalism?
what is feudalism
Why did the age of the absolutism happen?
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.
Who created feudalism?
The Franks created feudalism
A political and military system based on the holding of land?
Feudalism Every sovereign state
Is feudalism still big today?
No it is not. Feudalism was a medieval system.
Where did feudalism emerge?
Feudalism first emerged among the franks
