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.
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<u>Q5: </u><u>1st amendment:</u> The first amendment applies because the job is violating Tamika's right to practice her own religion.
<u>Q6: </u><u>8th amendment:</u> The eighth amendment applies because it is rather a cruel and unusual punishment for Ryan to be beat 100 times in front of the whole school.
<u>Q7: </u><u>3rd amendment:</u> They are violating this amendment because they are not allowed to force people to allow soldiers to quarter into their homes.
<u>Q8: </u><u>1st amendment:</u> The first amendment applies because they are restricting Jessica's right to peacefully assemble a protest.
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Hello there.
<span>How did william penn impact self-government in america?
</span>He did<span> not think the colonists should have full power.</span>
They (as in the poor and lower class) began to question the rights of the Caliphs to be ruling/guiding them. There was negligence in the government and no one was running it properly allowing for the Turks to gain the upper hand causing riots not to mention Muslims and non Muslims were clashing ideas. The empire got to big and out of hand for anyone to control.