Question

capitalism an economic system based on private ownership and competition motivated by profit 2. chattel to change or improve something by correcting faults or removing abuses 3. imperialism policy extending political, economic, or military rule over another 4. reform a type of slavery where the slave is the sole property of the master with no rights 5. mercantilism an economic system where colonies supply goods to the mother country

Answer 1

1. economic system based on private ownership and competition motivated by profit