Answer:
Mercantilism was the economic belief that promoted the accumulation of gold and silver through the implementation of a trade policy that resulted in positive trade balances.
Explanation:
Mercantilism was popular in the early modern era in the large European Empires of the time like France or Britain.
A Mercantilist society like seventeenth century France would value precious metals so much because they were the very objective of the mercantilist policy: precious metals, as commodity money, were an indicator of the level of wealth of France, and could be used as a means of exchange for just about anything, from guns, to the payment of soldiers and goverment officials, to the purchase of luxury goods for the nobility.
Answer:
The Chinese introduced several economic reforms shortly after the death of Mao-Zedong, thanks to the leadership of the Chinese new chairman: Deng-Xiapong.
Explanation:
First, they designed specific areas of the country as special economic zones. In these zones, companies, both foreign and local, had special tax and tariff incentives.
After, they opened up many economic sectors in the rest of the country, and this led to a very high increase in economic growth.
Finally, China entered the world trade organization, linking its economic with the rest of the world, and attracting even more investment and trade.
the action of forbidding something, especially by law.
His non-violent resistance helped end British rule in India and has influenced modern civil disobedience movements across the globe.
Owens and Fourier believed that the working masses were being exploited by Capitalism. Marx described a system where the bourgeois capitalists were the tools of revolution. Owens and Fourier thought that the capitalist system would bring about revolution. Marx advocated the use of utopian communities and social reforms to create a classless society.
Hope I helped! Good Luck! :)
