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Softa [21]
3 years ago
9

What did countries do to increase their power under mercantilism

History
2 answers:
zepelin [54]3 years ago
8 0

Answer:

maintain a positive balance of overseas trade

use colonies to access raw materials

issue charters for joint-stock companies

Explanation:

Did it on edge

kaheart [24]3 years ago
4 0

Mercantilism impacted the European colonization of North America significantly. ... The European countries would then use these raw materials to make finished products. These products would be sold to the colonies. By having colonies, the European countries would have a guaranteed market for their products.



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China has allowed which of the following freedoms in order to increase businesses and trade ?
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Answer:

The correct answer is A. Economic freedom.

Explanation:

The economic reforms in China were initiated in 1978 by the pragmatist wing of the Chinese Communist Party, led by Deng Xiaoping, and continue to this day. The reformers set themselves the goal of creating sufficient surplus value to finance the modernization of the Chinese economy, which was on the brink of disaster as a result of the failure of the Great Leap Forward policy and the aftermath of the voluntaristic decisions taken under Mao Zedong. The initial task of the reforms was to solve the problem of motivating workers and peasants and eliminate economic imbalances.

Economic reforms have led to massive economic growth and changed the fortunes of hundreds of millions of Chinese, as more than 850 million people have been lifted out of poverty. In the West, economic reforms in China have been perceived by many as a transition to capitalism.

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3 years ago
In a market economy, what impact can a product shortage have
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3 years ago
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