Answer:
D. Competition leads to efficiency.
Explanation:
Mercantilism was a set of practices that aimed to strengthen the wealth of European states, by establishing a strong trade and expanding the economy resulting in the promotion of the enrichment of the bourgeoisie that could pay more taxes.
During this period of time, sea expeditions were heavily influenced to find new markets for local trade, the sense of economic competition between countries also began, which promoted a better quality of products to be stipulated. In this way, it was believed that competition was driving the efficiency of production processes.
The correct answer is:
B. Decreasing federal spending.
Explanation:
<em>President Ronald Reagan (1911-2004) was the 40th President of the United States</em>, Reagan held office from 1981-1989, where he implemented the supply-side economic program, also known as Reaganomics, that consisted in huge tax reductions; Reagan reduced unemployment and appointed Sandra Day O'Connor to the Supreme Court. But he failed to decrease federal spending; under Reagan's office, government spending increased 2.5 percent annually.
Answer A, and it made cotton more efficient.
- Post-War Soviet Union & Eastern Europe: The Descent of the Iron Curtain ... Fall of the Soviet Union and End of the Cold War: Causes & Timeline .... In this lesson, we explore the post-World War II settlement of Eastern Europe, and the ... rolled across Czechoslovakia, swiftly taking control of major cities.
