1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
inessss [21]
3 years ago
6

how did capitalists and mercantilists have different points of view on government regulation of the economy?

History
1 answer:
Dafna11 [192]3 years ago
5 0

It is called mercantilism to a set of political ideas or economic ideas of great pragmatism that were developed during the sixteenth, seventeenth and the first half of the eighteenth century in Europe. It was characterized by a strong state intervention in the economy, coinciding with the development of monarchical absolutism, according to this ideology the intervention of the government should also occur in the market. On the contrary Capitalism is an economic and social system based on the fact that the means of production must be privately owned, the market serves as a mechanism to allocate scarce resources efficiently and capital serves as a source to generate wealth, this ideology speaks of government non-intervention in the markets.

You might be interested in
What role did the Scientific Revolution play in bringing about the Enlightenment? (5 points)
strojnjashka [21]

To correctly understand the phenomenom of the Enlightenment we must resort to its fundamentals sources of inspiration.

- The philosophy of Descartes - " Based on methodical doubt to admit only clear and obvious trhuts".

- And the scientific revolution. Supported by simple general laws of a physical nature.

The enlightened thought that these laws could be discovered by the Cartesian method and applied universally to the government and human societies.

That is why the elite of this era felt a great desire to learn and to teach what they had learned.

7 0
3 years ago
Read 2 more answers
PLZ HELP
Kisachek [45]

Answer:

The answer is yes. If the federal government allowed states to do whatever they wished, and the Northern and the Southern states decided they did not need one another, the Civil War would probably not have happened.

5 0
3 years ago
Describe at least two major points of the Declaration of independence. (Write the answer using COMPLETE sentences)
Lana71 [14]
Two major points of the Declaration Of Independence is that is contains the idea that the government <span>must be set up to safeguard the first three conditions, equality and it creates a new form of government.</span>
3 0
3 years ago
The “grass fight” resulted in _________. a. the Texans recovering soldiers captured by the Mexican army. b. the Texans recoverin
Anastasy [175]

Answer:

B the Texans recovering money meant to support the Mexican army.

Explanation:

4 0
3 years ago
What country does St Nicholas originally belong to?
QveST [7]
Greece and Turkey, St. Nicholas originally belong to.
7 0
3 years ago
Other questions:
  • Which event was most closely tied to the rise of fascist dictators in the 1930’s
    10·2 answers
  • Article 231 of the Treaty of versaillies assigns sole responsibility for the War to who
    9·1 answer
  • In what period of Georgia history would these products have been MOST likely to have been profitable? -wheat -rice -indigo -silk
    5·2 answers
  • Please answer this and thank you
    14·1 answer
  • Why did the Indus people settle in this particular location in northern India
    10·2 answers
  • How did the urban migration impact families?
    9·2 answers
  • Each of the following statements is about voting trends in recent US elections which of the statement is true
    9·2 answers
  • Why wasn't William Marbury unable to receive his judgeship appointment from the<br> Supreme Court?
    13·1 answer
  • The inside of the wall of China was filled with________
    5·1 answer
  • Which of these people is NOT in line to succeed the president?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!