The Mother Country benefits from mercantilism. The Colonies serve the Mother Country by supplying raw materials to the Mother Country at a low price. The Mother Countries further controlled trade by only allowing their colony to trade with their mother country and laying tariffs on goods imported from other nations. According to mercantilism, a nation becomes wealthy by exporting more than it imports. Meanwhile, the Mother Country benefits from the resources and wealth.
Many people think that a vigorous and strong president is incompatible with a republican form of government. Hamilton, however, does not agree. An energetic and forceful president is essential to good government. National defense, sound administration of the law, and the protection of property rights all depend upon the vitality of the Presidency. In addition, an energetic president best protects liberty when faction, anarchy, and the excessive ambitions of others threaten it.
JP Morgan came from a wealthy family, whereas Andrew Carnegie started out in a low-income situation. JP Morgan was born in the United States. He was sent to boarding schools, studied abroad in Switzerland in his teens, and then went to work for his father's bank early on. Andrew Carnegie was born in a one room weaver's cottage, and that was shared with another family. His family was starving when he moved to make progress to the United States. He worked as a bobbin boy for $1.20 a week. Carnegie worked hard in labor jobs for a good portion of his life and did not make his fortune in the steel industry until he entered his 50s.
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Ethiopia is located close to the trade routes of different and important nations such as Persia, Iemen and India. Being in contact with different kinds of culture and religion helped mold Ethiopia through the centuries.
Muhammad's successor was elected by the clans.