Answer:
If different states had different currencies, things would be more or less expensive, making it difficult to have a stable economy.
Explanation:
If they were to have different currencies were to be different, you could only know how much money a certain state has because it's different.
Answer:
Mercantilism.
Explanation:
Mercantilism is a set of ideas, a system which was quite popular in Europe in the 17th and 18th century.
Some of its basic principles are:
- increasing export while decreasing import
- which should enable accumulation of capital in the form of gold and silver
- strong agriculture that would decrease the need for import
- using colonies for gaining cheap resources and for selling the final products.
Many of late-18th century philosophers and economists criticized mercantilism pointing out its flaws and limits, so today it is considered an outdated system.
The ability of an organisation to generate a good or a service is measured by its productivity. The total number of finished items can be used as proof by businesses that create things, but it is notoriously difficult to assess the productivity of the service industry.
5 Important Reasons for low productivity in service industries
1. Usually time-consuming (counseling, teaching)
2. typically concentrated on distinctive personal qualities or desires ( investment advice)
3. frequently an intellectual task carried out by experts (medical diagnosis)
4. Frequently challenging to automate and mechanise (a haircut)
5. evaluating quality is frequently challenging (performance of a law firm)
Learn more about the Business productivity with the help of the given link:
brainly.com/question/3208499
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Answer:
Plantation owners had owned the slaves in the time, however, there wasn't much similarities between the two. The slave owners profited off of the hard work of the people, while the slaves had to do work with nothing in return.
