Early Trade. The first Europeans to purchase furs from Indians wereFrench and English fishermen who, during the 1500s, fished off the coast of northeastern Canada and occasionally traded with the Indians. In exchange, the Indians received European-manufactured goods such as guns, metal cooking utensils, and cloth.
Answer:
I believe it would be unbiased
Answer:
C
Explanation:
A command economy is a system where the government, rather than the free market, determines what goods should be produced, how much should be produced, and the price at which the goods are offered for sale. It also determines investments and incomes. The command economy is a key feature of any communist society.
Mercantilism was the principle that:
A) the purpose of colonies is to economically benefit the mother country.
"Mercantilism" is a term we get from Scottish philosopher Adam Smith (1723-1790). Smith criticized what he called the "mercantile system" because it restricted trade and thus restricted economic growth. The mercantile system believed the wealth of the world was a fixed amount, measured primarily in gold and silver accumulated. The system promoted a nation selling its products abroad but not needing to buy from others, or imposing heavy tariffs if importing anything. Colonies were crated to provide raw materials and resources to the mother country and a market for the mother country's products. Commerce was heavily controlled by the government through charters granted to specific trading companies.
Adam Smith countered by advocating a free market -- the opportunity for all nations to increase their wealth by exchanging goods freely with one another according to what would become known as capitalist principles.
