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Haylie Marvin ∙
capitalism was expressed in Adam Smith's Wealth of Nations (1776)
Capitalism is an economic system. Mercantilism is trading.
bronze Age China
Money
no
Adam Smith's invisible hand theory
They viewed them as property rather than as people.
Countries took over by the ottoman empire in the 19th century include Moldavia, Somalia, Hungary, Egypt,
A farmer forces people to work in the fields.
A legal system that allowed Spanish colonists to use indigenous peoples for labor
Steam engine
The Commercial Revolution led to the adoption of mercantilism in Europe, while the Industrial Revolution contributed to the end of mercantilism.
The Americans
It became more active in the promotion of Catholicism in Europe.
Doctors, bank clerks, and accountants
Beginning of European global exploration in the 15th and 16th centuries.