I think the correct answer from the choices listed above is the second option. The best definition for mercantilism would be that it is an economic policy in which countries collect gold or silver and control trade. Hope this answers the question. Have a nice day.
Answer:
Entrepreneurs independently choose the field of activity, suppliers, contractors, markets. They have the right to engage in pricing, implement their long-term plans, as well as freely dispose of their property and income. The consumer in such a system is also independent. He is guided only by his needs and understanding of the marginal utility of the good. A market economy tends to self-regulate through a market mechanism. The gradual establishment of a balance of supply and demand contributes to the formation of equilibrium prices within which industries operate.
The internal rivalry of companies has a positive impact on the economic system of the country as a whole. Competition contributes to the expansion of production, its automation, optimization, implementation of innovative technologies and approaches to creating economic benefits. It encourages manufacturers to create exactly those goods and services that consumers need. Market self-regulation takes place through competition. The gradual establishment of the equilibrium of the system leads to a natural reduction in the cost of production, which in turn increases the wealth of the population and its degree of satisfaction with respect to the goods offered by the market.
Explanation:
<em>Virginia was the largest and populous colony in within the 13 American colonies.</em> A myriad number of the people living in this colony were farmers, planters, and merchants. A majority of the population were African American who worked in fields for their white masters.
In Frethorne's experiences of an indentured servant, he gives firsthand accounts of his life. <u><em>He tells that he got off a ship and had never ate anything but peas and loblolly.</em></u> <em><u>They had to work hard in order to eat.</u></em> <u><em>The treatment they received was horrible. The only clothes he had was a poor suit, two rags, one pair of shoes, one stocking, one cap and two collars. </em></u>
Farrer gives firsthand accounts of the way they lived in the middle colonial period. <u><em>They had all kinds of fruits, meats, and vegetables. The passengers would be shipped home in 20 to 30 days. There were ships that brought commodities such as clothes, stockings, and linens. They had several churches. </em></u>In the middle colonial period, the passengers of the ships were healthier, lived longer, and were provided with everything they needed to live a healthy life.
Basically, their descriptions were absolutely different.
Answer:
D) A nationalist spirit of Africans living throughout the world.
Explanation:
Pan African movement was an international intellectual movement that aims to encourage and strengthen bonds of unity between entire people of African origin. It is grounded on the doctrine that unity is essential to economic, social, and political progress and aims to bring and uplift people of African origin.
In the early 20th century, Pan African movement thoughts and writings shaped the more practical aspects of this movement, which has impacted Blacks and Africa in many ways. Pan-Africanism envisions a Black Nation where all Blacks can live together. This philosophy espouses a common destiny of Black people.
