1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
hjlf
3 years ago
10

Under the economic system of mercantilism the merchant class paid taxes to support the armies of their nations. What value did t

he government of these nations provide as a result?
History
1 answer:
N76 [4]3 years ago
8 0

Under mercantilism, governments enacted policies in favor of the merchants.

Scottish philosopher Adam Smith coined the term "mercantilism." He criticized what he called the "mercantile system" (or 'merchants' system,' we might say), because it restricted trade and thus restricted economic growth.  The mercantile system believed the wealth of the world was a fixed amount, measured primarily in gold and silver accumulated.  The system promoted a nation selling its products abroad but not needing to buy from others, or imposing heavy tariffs if importing anything.  Commerce was heavily controlled by the government through charters granted to specific trading companies. That's the way that governments enacted policies in favor of the merchant class that supported the country's armies.

Smith countered by advocating a free market -- the opportunity for all nations to increase their wealth by exchanging goods freely with one another according to what would become known as capitalist principles.

You might be interested in
Which of the following best describes the incident which led to the correspondence?
wel

Answer: C. The United States discovered nuclear missiles being stationed in Cuba.

Explanation:

There is no correspondence attached but option C is most probably the answer because it is the only factual option there.

When the United States found out that nuclear missiles were being positioned in Cuba which was so close to the American mainland, it sparked the Cuban Missile Crisis which saw the two Superpowers almost go to war until an agreement was reached to withdraw missiles from Cuba and Turkey.

5 0
2 years ago
The main of the U.S. court system is to insure justice. Do you think it does that? why or why not?
mojhsa [17]

Answer:

yes

Explanation:

we have police forces that arrest citizens for crimes against the law

3 0
3 years ago
Help plsWhat was the Underground Railroad?
marishachu [46]
I’m pretty sure it’s C
8 0
3 years ago
Read 2 more answers
3. How did a barrio develop in Los<br> Angeles during the 1920s?
nekit [7.7K]

The correct answer is Migrant workers from Mexico took jobs there

Explanation: In this sense it is possible to understand that immigrants played a major role in the development of some neighborhoods in the united states, immigrants helped to develop their specifies and ways of living as well as a very important fusion of culture for the country.

4 0
3 years ago
Weiß ist die überlegene Rasse
Nataly [62]

It sure is man...........................

8 0
3 years ago
Other questions:
  • What were the only two areas in Africa that were not colonized and under European rule?
    10·1 answer
  • What was one consequence of the September 11, 2001, terrorist attacks?
    15·2 answers
  • Slave religion: died out by the early 1820s because of strong opposition from whites. existed without approval from masters, who
    12·1 answer
  • Two-line rhyme for vasco da gama accomplishments​
    14·1 answer
  • Members of the Second Continental Congress blamed ________ for the war? A) King George III B) the redcoats C) the king of France
    9·2 answers
  • Arrange the terrorist attacks in the correct sequence. Tiles ISIS mass shootings and bombings in Paris September 11 attacks in N
    11·2 answers
  • Which of the following was a hardship that farmers faced in the mid-to-late 1800s?
    5·2 answers
  • What is the main idea of this passage? A good government may need to use terror in a time of revolution. A good government will
    14·2 answers
  • Give three differences between religious song and non_religious song
    13·1 answer
  • Which health agency is under the supervision of the American federal government?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!