Answer:
Mercantilism is a policy that is designed to maximize the exports and minimize the imports for an economy. It promotes imperialism, tariffs and subsidies on traded goods to achieve that goal. These policies aim to reduce a possible current account deficit or reach a current account surplus. Mercantilism includes an economic policy aimed at accumulating monetary reserves through a positive balance of trade, especially of finished goods. Historically, such policies frequently led to war and also motivated colonial expansion.[1] Mercantilist theory varies in sophistication from one writer to another and has evolved over time.
Mercantilism was dominant in modernized parts of Europe from the 16th to the 18th centuries, a period of proto-industrialization,[2] before falling into decline, although some commentators argue that it is still practiced in the economies of industrializing countries,[3] in the form of economic interventionism.[4][5][6][7][8] It promotes government regulation of a nation's economy for the purpose of augmenting state power at the expense of rival national powers. High tariffs, especially on manufactured goods, were an almost universal feature of mercantilist policy.[9]
With the efforts of supranational organizations such as the World Trade Organization to reduce tariffs globally, non-tariff barriers to trade have assumed a greater importance in neomercantilism.
Explanation:
Both Josiah and Zephaniah are descendants of Hezekiah, both are born of royal lineage and they are also fourth-generation descendants Hezekiah (all of the above). Zephaniah is the son of Cushi, and the great-great grandson of King. Josiah, on the other hand, was a seventh-century BCE king of Judah
Answer:
The biggest difference between Wilson's Fourteen points and the Paris Peace Conference agreement was on how to deal with the war losses and the socio-economic future of Europe.
Explanation:
Woodrow Wilson did not talk about war repatriation or any 'revenge' upon an enemy nation. Instead he spoke about the rights of people, discussed free trade and an end to hostilities and also discussed the formation of a few borders, especially an Independent Polish State and the future of the Ottoman Empire.
This however, did not go down well with the European powers, who had bared the real cost of the war. The French industry had collapsed under German pressure and the country was looking for millions in repatriation costs.
The Russians were not happy with an Independent 'Polish' State and had their own claim to the region.
Eventually, the 14 points were rejected, which many claim, eventually led to the second world war.
I might be too late but for future people with this question the answer is: More prisons will be built.
-I just took the quiz on edgenuity.