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
Answer:
In spite of republican misgivings, southern slavery survived the post-Revolutionary era because there were powerful economic incentives to forced labor.
Explanation:
In spite of emancipation laws bring passed after the war, they were very slow to take effect on southern states: many of them only freed children, for example. The economic system that the south had built required a massive unpaid workforce. In states where tobacco production decreased and no longer demanded such work, the free black population increased more rapidly than in other states, Meryland and Delaware for example. Legal modifications weren't taken seriously among whites of the lower southern states.
The telecommunications act of 1996 was approved and signed by President Bill Clinton in which the main goal of the law is "to let anyone enter any communications<span> business -- to let any </span>communications business<span> compete in any market against any other." It is the government's measure to regulate the telephone industry of the America. </span>
More and more people moved westward to claim lands that were
once inhabited by Native Americans. This
was encouraged by the government. This
also led to several conflicts with Indians that would later lead to a war
between the Indians and U.S. army. In
the end, the west was completely settled completing the U.S. expansion to that
area.
The answer to the statement is False.
