Mercantilism was an economic theory and practice, dominant in modernized parts of Europe during the 16th to the 18th century,[1] that promoted governmental regulation of a nation's economy for the purpose of augmenting state power at the expense of rival national powers. It was the economic counterpart of the previous medieval version of political power: divine right of kings and absolute monarchy.[2] Mercantilism includes a national economic policy aimed at accumulating monetary reserves through a positive balance of trade, especially of finished goods. Historically, such policies frequently led to war and also motivated colonial expansion. Mercantilist theory varies in sophistication from one writer to another and has evolved over time. High tariffs, especially on manufactured goods, are an almost universal feature of mercantilist policy. Other policies have included
I believe the answer is: Low degree of self-efficacyLow degree of self-efficacy refers to the psychological condition that cause someone to have little to no belief about their ability to solve the problems that they face. This type of behavior would most likely make people discourage to even interrat with simone and would sink him further into his depression
<span>Assuming that this is referring to the same list of options that was posted before with this question, <span>the correct response would be that Churchill was imploring the British people to "never give in" in terms of their fight with Nazi Germany, since at times this fight seemed almost un-winnable. </span></span>
The statement is TRUE.
In 1951 Solomon Asch carried out the famous Conformity Experiments, set out to <u>measure the dynamics of group-thinking</u>. He presented his subjects with an extremely simple judgement task with a very obvious answer, joined by a previously prepared group that was told to answer incorrectly on purpose. By making it so simple, it would be clear that any subject that answered incorrectly would be doing it because of group pressure. With this first experiment, <u>Asch proved a correlation between a group's influence on an individual's conformity</u>.
Further trials went deeper into which factors were the most impactful to influence conformity. The results showed that <u>increasing group size</u> by up to three times, <u>raised the conformity levels to 32%</u>. However, larger groups did not impact this number. Applying group unanimity, on the other hand, showed an increase of as much as 80% on the conformity rates.
This clarified how much bigger of an influence unanimity was over group size, meaning it mattered more to an individual if an entire group agreed on something (even if the group was small), over a larger majority's opinion when a group was more split-up.
Hope this helps!
