A mixed economic system is a system that combines aspects of both capitalism and socialism. A mixed economic system protects private property and allows a level of economic freedom in the use of capital, but also allows for governments to interfere in economic activities in order to achieve social aims.
Answer:
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In the 1500’s, Spain systematically conquered parts of North, Central and South America as well as the Caribbean. <span>The encomienda system was put in place in several areas, most importantly in Peru. Under the encomienda system, prominent Spaniards were entrusted with native communities.</span>
Answer: Countries attempted to sell more than they bought. As a consequence, new foods, plants, and animals appeared on different markets all around the world.
Explanation:
Mercantilism is a country's policy to export more than it imports so as to bring prosperity and increase stores of gold and metals.
Mercantilism was very popular in Europe in the 16th century. Back then, wealth of a country largely depended on the amount of gold, silver and metals that it possessed. Countries attempted to establish a favorable balance of trade, which means that more goods are exported than imported. This resulted in a massive exchange of goods. For example, England forced their colonies to produce raw goods which were then shipped to Europe.
