There are many outcomes that can meet economic growth goals. Some factors that could help meet economic goal growth would include more education, jobs, manufacturing, and industries.
Mercantilism was a widely economic practice during the 16th century - 18th century by countries such as Britain, France, Spain, Portugal, Italy, Germany, Netherlands.
- The economic practice "Mercantilism" is a belief anciently used to conserve nation's wealth and power through increasing exports over imports.
- Thus, a mercantilist an entity who embrace and practice Mercantilism.
In conclusion, a mercantilist will definitely agree the practice is good for the country because its protect and increases the countries economic wealth, leading to increased influence and power.
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Explanation:
Settlers used oil as an illuminant for medicine, and as grease for wagons and tools. Rock oil distilled from shale became available as kerosene even before the Industrial Revolution began. While traveling in Austria, John Austin, a New York merchant, observed an effective, cheap oil lamp and made a model that upgraded kerosene lamps. Soon the U.S. rock oil industry boomed as whale oil increased in price owing to the growing scarcity of that mammal. Samuel Downer, Jr., an early entrepreneur, patented “Kerosene” as a trade name in 1859 and licensed its usage. As oil production and refining increased, prices collapsed, which became characteristic of the industry.
Answer:
The answers are
A. it leads to increased productivity
B. it leads to improved quality of products
D. it leads to increased trade
Explanation:
Answer:
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