The <u> mercantilism </u>theory is based on the assumption that the wealth of the world is fixed.
It was first published as An Inquiry into the Nature and Causes of the Wealth of Nations, more generally known as The Wealth of Nations. The book was written by BY Adam Smith, a Scottish moral philosopher by profession, to explain the industrialized capitalism system.
According to mercantilism, wealth was set and limited. The only way to succeed was to stockpile gold and impose tariffs on imports.
This theory suggests that nations should sell their products to other nations while making no purchases in return. Predictably, nations entered into cycles of retaliatory tariffs that stifled global trade.
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The correct answer is Sigmund Freud. His studies on psycho-neuroses around the 20th century is considered to be the basis of psychology and psychiatry.
When two species occupy the same niche, they compete for all the resources they need. The superiority of one species over another forces others to adapt and endanger them. This is called conflict elimination.
No two species can have exactly the same niche. Otherwise, you will be in direct competition for resources. In this case, one species is better than the other. When a lost species fails to adapt, it leads to extinction.
The competitive exclusion principle states that two species cannot occupy exactly the same niche in a habitat. In other words, different species cannot coexist within a community if they compete for the same resource.
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Migrants to the United States believed in the American Dream, that through hard work you could achieve <u>upward mobility and financial success</u>, no matter what your background was.
No less an authority than the Oxford English Dictionary defines the American dream as “the proper that every citizen of the united states needs to have the same possibility to attain success and prosperity via difficult paintings, determination, and initiative.
The belief of the American Dream at this time existed to immigrants and was intended simply to continue to exist and be able to exist in a rustic that became unfastened. Immigrants came to the USA to experience liberty, although liberty was little greater than cramped quarters and penny wages.
The American dream is the perception that all and sundry, no matter where they have been born or what magnificence they have been born into, can gain their own version of achievement in a society wherein upward mobility is possible for everybody.
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