Mercantilism, the country needs a favorable balance of trade so it exports more than it imports goods. The mother country would import manufactured goods to the colony exporting raw materials in exchange. For example the Columbian exchange exported new foods and crops from the Americas such as maize, tobacco, sugar, cotton and potatoes. Horses were brought from Europe and introduced to the Native American people. For example: the Lakota mostly hunted buffalo and this practice was improved with the introduction of horses.
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He wanted to bring an end to slavery.
Answer:
Karl Marx and Adam Smith are both very different when it comes to their views about property ownership.
Explanation:
Adam Smith defends private property and considers it to be not only one of the pillars of the market system, but of civilization itself.
Karl Marx, on the other hand, understands the function of private property in society, but criticizes the tendency that private property has to accumulate in a few hands, a phenomenon also known as capital accumulation, which Marx identifies as one of the pillars of capitalism. For this reason, Marx proposes an alternative property system based on common ownership, and this system is known as communism.
