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General Schiller ∙
Money
An oil company owner convinces investors to help pay for a new oil refinery in exchange for a portion of the refinery's profits.
Answer this question… A merchant uses resources found in his own country to make goods to sell in other countries.
ending private ownership of factories, mines, and mills
He created the first company for distributing electricity.
The Commercial Revolution led to the adoption of mercantilism in Europe, while the Industrial Revolution contributed to the end of mercantilism.
The expansion of the consumer market during the commercial revolution.
labor unions shared some of the goals of social reform movements by seeking to improve life for poor workers
Doctors, bank clerks, and accountants
the decline of agricultural economies
Under capitalism, merchants were able to conduct unrestricted international trade. Under mercantilism, international trade was restricted.