TRUE
<em>I'm assuming you included that as a true/false sort of question.</em>
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 created 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.
As one example, Great Britain strove to achieve its mercantilism goal by using the American colonies as a way of enriching the British home government. Britain also sought to control shipping by a dominant navy and merchant marine.
"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. 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.
They colonized in the new world and Africa
Answer:
Yeah...it was a good idea because it was a war against the forces of international communism itself
Explanation:
The Korean War (1950-1953) began when the North Korean Communist army crossed the 38th Parallel and invaded non-Communist South Korea. As Kim Il-sung's North Korean army, armed with Soviet tanks, quickly overran South Korea, the United States came to South Korea's aid. ... This Chinese army attacked the US/UN/ROK forces.
The Cold War was an important cause in the Korean War. Relations between the two occupying powers were bad and when China became Communist in October 1949, the President of the USA, Harry Truman, was very worried that other countries around China may also become Communist, such as Japan.
This decision coincided with the United States withdrawing the last remaining combat troops from South Korea. North Korea saw its opportunity and attacked South Korean forces at the 38th parallel on June 25, 1950 and thus initiating the Korean War.
This invasion was the first military action of the Cold War. By July, American troops had entered the war on South Korea's behalf. As far as American officials were concerned, it was a war against the forces of international communism itself.
Industrialization used automation, technology and machinery, before products were made by hand. Prior to industrialization workers made goods by hand and individually. With industrialization workers would complete of part of the product and then assemble all the parts to make the whole.
8.3%
Percent Error=(measured value-accepted value)/accepted value *100
