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Answer this question… A merchant uses resources found in his own country to make goods to sell in other countries.
The key question that Socialism seeks to answer is: Who should be in control of the industrial means of production, such as factories?
Socialism seeks to answer this question by arguing that the population as whole, represented by committees, should own the means of production and not individual capitalists.
The Commercial Revolution led to the adoption of mercantilism in Europe, while the Industrial Revolution contributed to the end of mercantilism.
Both systems greatly increased European's total wealth.
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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.
A poet who describes a beautiful river in vivid detail.
