The characteristic of the economic theory of mercantilism is that, exports should be encouraged over imports. The economic theory of mercantilism's main aim is to establish a powerful and wealthy state. Mercantile system is a kind of economic system that seeks to enrich a country be prioritizing and encouraging exports over imports.
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world war 2 started in 1939 and ended in 1945. The people who were fighting were the Axis powers and the Allies. During the war the Allies won. America joined ww2 becasue Japan bombed pearl harbor. Hitler had mainly started the war, who was the leader for Germany. about 75+ million people died in world war 2. the Axis powers were Japan, Germany, Italy. The allies were: Soviet Union, North America, Great Britian , France, etc. The soviet union had went in in 1941 when Germany attacked. Germany attacked by dressing up as russian soldiers and were spying.
Explanation:
Answer:
Since the debt crisis, the idea that public credit is the first step aimed at the loss of national sovereignty through an economic intervention has expanded. China Qing and the Ottoman Empire were caught in the vicious circle of debt
It is a very similar story that two of the most powerful empires of the pre-modern era became states that depend on international credit in the industrial age. Qing China and the Ottoman Empire suffered a long period of decline that ended their imperial status by 1840.
Explanation:
The two countries suffered some kind of crisis towards the second half of the century that pushed them towards indebtedness abroad, which would lead to the contracting of debt in international markets in order to cope with their long decline, and with the hope of modernize their industry. Following that debt would lead them to accept, foreign intervention.
During the war, the Turks, without an army with the power to confront the Egyptians, had to request the help of their former enemies, forcing the intervention of Britain and Russia. International aid was not free, and its price was through the Balta Treaty, where Turkey agrees to adopt a free market system, withholding taxes on imports.
The case of the Qing dynasty in China was very similar. By 1820, the empire showed symptoms of clear economic damage. Stuck in an extremely restrictive trading system, through which all international trade demanded through the Cohong guild, China collided with Western interests during the First Opium War. The defeat marked the beginning of a long process of decline.
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Explanation:
Occurring near the end of the American Civil War, the assassination was part of a larger conspiracy intended by Booth to revive the Confederate cause by eliminating the three most important officials of the United States government
