Economists are the social scientists that focus their studies on scarcity, resources and profit motives. The economists not only follow the pattern in which the economy of a country is going, it also gives plans to improve the economy. They are a very important part of any civilized society. I hope it helps you.
Jackson and Tocqueville shared values related to populism and individualism.
<h3>What values were adopted only by Tocqueville?</h3>
- Egalitarianism.
- Freedom.
- Laissez-faire.
As can be seen above, Tocqueville was an advocate of egalitarianism and liberty. This means that he believed that in a society everyone should have the right to freedom and should be seen as equal and worthy of the same right. In this case, we can consider that he would not support slavery in American countries, as he violated the two values he defended all his life.
Tocqueville would believe that slavery was a cruel system that devalued people and caused damage to freedom and social well-being.
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Answer:
Mercantilism was an economic system of trade that spanned from the 16th century to the 18th century. Mercantilism is based on the principle that the world's wealth was static, and consequently, many European nations attempted to accumulate the largest possible share of that wealth by maximizing their exports and by limiting their imports via tariffs.