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
dexar [7]
3 years ago
6

How did the economic philosophy of mercantilism slow economic growth before the Industrial Revolution?

History
2 answers:
sergeinik [125]3 years ago
3 0
It prevented merchants from freely trading goods in foreign markets. apex//
slava [35]3 years ago
3 0

Answer:

The economic philosophy of mercantilism decelerated economic growth, prior to the Industrial Revolution, by adopting prohibitive measures of trade with foreign markets.

Explanation:

Mercantilism is the name given to a set of economic practices developed in Europe in the Modern Age, between the fifteenth century and the end of the eighteenth century. Mercantilism originated a set of diverse economic measures according to the States. It was characterized by a strong state intervention in the economy. It consisted of a series of measures aimed at unifying the internal market and aimed at the formation of strong national states.

The mercantilist economic philosophy led the sovereigns to make concessions to the entrepreneurs. In this sense, they intensified the creation of new manufactures, they defended the national fabrications, thus stipulating rates and measures prohibitive to the free trade of foreign products. They also took care of the favorable trade balance and developed companies focused on colonial exploration.

You might be interested in
Cuando se conquisto américa
Igoryamba
Se conquistó America en 1492
7 0
3 years ago
What led the Iranian people to revolt in 1979?
algol [13]
Khomeini became the face of the 1979 revolution<span>, a cleric at the head of a largely secular opposition. On December 11, 1978, a massive demonstration in Tehran officially called for Khomeini to </span>lead Iran<span> in the </span>revolution<span> and the overthrow of the Shah.</span>
6 0
3 years ago
Ways of forming popular organisation
kiruha [24]
<h2>Answer:</h2>

The ways of forming a popular organization are as follows:  

  • The organization must have some aims and goals
  • It would have some targets which they have to achieve  
  • Empowered people  
  • Open for public  
  • Public interest  
  • Unites people  
  • Productive work  

These are some of the aspects which the organization must have to make it popular.

6 0
3 years ago
Why did the federal government combine several agencies into the Department of Homeland Security?to prevent future acts of terro
frozen [14]
The best option is would be to prevent future acts of terrorism in the United States through coordination. It is the most important transformation of the US government by largely transforming and realigning government activities into a single department where the primary goal is to protect the United States of America.
7 0
3 years ago
Read 2 more answers
On the east side of a town, there are multiple fast-food restaurants. On the west side of town, there is only one fast-food rest
Deffense [45]

Answer:

There is a lack of competition on the west side of town, so the one restaurant does not need to consider the prices at other restaurants.

Explanation:

When there are multiple businesses selling a similar product, each will compete against the others to try and sell their product to consumers instead of the other businesses selling their products first. Due to this competition, the producers will list the prices based on the prices at the other businesses. Consumers are more likely to purchase cheaper products, which is why the producers will try to list their prices lower than the other producers in hopes of gaining more customers and profit.

If there is only one business in a location that has no competitors, they will list the prices on their own accord, not based on the prices at other businesses.

Because the west side only has one restaurant, their prices will likely be higher than those at other restaurants located elsewhere because the west side restaurant has no competition.

<em>Hope this helps!</em>

7 0
2 years ago
Other questions:
  • What was the European country that had a colony in Brazil
    8·2 answers
  • The Mercator projection, a popular map in classrooms in the United States, is a(n) ________ map.
    7·1 answer
  • How many liters would be equal to 19 milliliters? L
    7·2 answers
  • What might attract such women to the cause of the french revolution
    5·1 answer
  • What region of the Austro-Hungarian empire was located along the Adriatic Sea?
    13·1 answer
  • According to paine what problems did the patriots face
    15·1 answer
  • What year was the Spanish American started ​
    15·2 answers
  • In the map, who laid claim initially to Oregon Territory?
    14·2 answers
  • Sir Edwin Sandys tried to solve the labor shortage in Jamestown through
    11·1 answer
  • 1. What do we call the story of what has
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!