<u>Let's link each term to its definition. </u>
- Barter - trade goods or services without the exchange of money. It was the primary form of trade that arose when prehistoric tribes and civilizations started to generate production surpluses and to exchange them.
- Capital - money that is used to produce greater wealth. It is one of the three basic factors of production (land, labor and capital) that are necessary to manufacture goods and services in order to satisfy human needs.
- Production - something that is produced (obvious)
- Quota - a fixed amount. Quotas are for example used in foreign trade policy when a limit is established in the number of products that can enter in the markets of a certain country.
Uncle Sam was had supposedly a man named Samuel Wilson and also Uncle Sam was used for patriotic reasons and for war
John Adams was elected as president was Thomas Jeffrey was he elected as vice president
During the renaissance period, the kingdom that ruled upon a certain region has a centralized power which make the main kingdom had the right to determine whatever regulations or political decisions that should be made by the cities.
Kingdoms of Western europe use more of a decentralized power and give the cities enough freedom to regulate themselves.
