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Why decline the foundation for capitalism in Europe during the middle age?
There was never capitalism in Europe in the Middle Ages. Capitalism is a modern idea and developed in the 20th century. The Middle Ages were a feudal society where only one percent of the population were in control and everyone else worked for them.
What was the dominant economic philosophy in western Europe during the 17th century?
The dominant economic philosophy in Western Europe during the 17th century was mercantilism. This system emphasized the importance of accumulating wealth, primarily gold and silver, through a positive balance of trade, where exports surpassed imports. Governments actively intervened in the economy to promote national interests, often through protectionist policies and colonial expansion. This approach laid the groundwork for the rise of modern capitalism and the later development of free-market economics.
What is dominant global culture?
A dominant global culture is a nation or way of life that tends to cause changes in most cultures. Today, the United States is a good example of a dominant global culture.
The ideological basis of the cold war was conflict between communism and?
capitalism
Who formed part of the middle class after the adoption of capitalism?
Doctors, bank clerks, and accountants
What is the mode of the production and the social formations?
The mode of production refers to the specific way in which goods and services are produced in a society, such as capitalism, socialism, or feudalism. Social formations refer to the social structures and relationships that exist within a society, shaped by the mode of production and influencing behaviors and beliefs. These concepts are interconnected, as the mode of production determines the economic base of society, which in turn influences the social formations that emerge.
Why the te10 mode is the dominant mode in rectangular waveguide?
TE10 mode is the dominant mode with a>b, since it has the lowest attenuation of all modes. Either m or n can be zero, but not both.
How does socialism provide a compromise between capitalism and communism?
Socialism is not a compromise between capitalism and communism, it is a distinct economic system and mode of production. A "mixed economy" is often cited as being a compromise between socialism and capitalism, but in practice most mixed economies are interventionist capitalist economies.
What does capitalism encourage?
Competition Innovation in Production
What is the main idea about communism and capitalism?
Capitalism: ownership of the means of production by a tiny minority, production for profit, wages system. Communism: common ownership, production for use, free access.
IN WHAT do capitalism and socialism differ?
Capitalism allows for more freedom for businesses than socialism does
What are the four factors of production in capitalism?
the fourth kind
Is Romania socialist or capitalist?
capitalism: wages, production for sale, class ownership of the means of production
What is mode of production?
It is life around production.
Economic system based on industrial production?
industrial capitalism
What are the three components of capitalism?
production, distribution, and exchange of wealth
What has the author Edmond Preteceille written?
Edmond Preteceille has written: 'Capitalism, consumption and needs' -- subject(s): Capitalism 'La segregation sociale dans les grandes villes' 'Jeux mode les et simulations' 'La production des grands ensembles' -- subject(s): Housing, Urbanization
