1. Letter C is the correct answer.
2. Letter E is the correct answer.
Mercantilism was an economic system used by European powers from the 16th to the 18th centuries. This system was responsible for generating wealth to national powers while colonies were being strongly explored. According to the British theory of mercantilism, the colonies should be carefully controlled in order to support the metropole's needs. Thus, taxing colonial goods at a higher rate than the same goods produced in Britain was a mercantilist strategy found that served the home country's needs and harmed the colonial economy at the same time.
Answer: The ego integrity vs. despair stage
Explanation: Psychosocial development was developed by
by Erik Erikson in collaboration with Joan Erikson which listed 8 stages of development an individual must pass through from childhood to adulthood.
One of those stages listed is the ego integrity vs. despair stage which usually occurs between the ages of 60 and above where an individual begin to come to terms with life and ask oneself questions that has to do with the integrity of their ego(thoughts of success) or despair(thoughts of failure).
Answer:
B. prices would do a better job of coordinating the activities of buyers and sellers than markets could.
Explanation:
In 1776, the Scottish economist and philosopher also known as the father of economics, suggested that price was better left to produce better market results than the intervention of guilds.
He was of the opinion that price control and regulations by guilds were disruptions to market play and would not be as efficient as allowing price be determined by the market(buyers and sellers). Adam was a pioneer of the free market economic theory.
The communist Manifesto was written by Karl Marx and by Friedrich Engels- Engels is the person you were looking for!
There is some discussion about the role of both authors in writing it, and some people suggest that Karl Marx did most of the work, with Engels having a smaller role.
