Answer:
economic development
Explanation: Economic diversification is a key element of economic development in which a country moves to a more diverse pro- duction and trade structure. A lack of economic diversification is often associated with increased vulnerability to external shocks that can undermine prospects for longer-term economic growth.
Adam 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. Commerce was heavily controlled by the government through charters granted to specific trading companies.
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.
Answer: I'm pretty sure it's the last 2
To establish a just government
To create lasting democracy.
Explanation:
Answer:
Magna Carta was very important for the whole development of parliament. First of all it asserted a fundamental principle that taxation needed the consent of the kingdom. Secondly, it made taxation absolutely necessary for the king because it stopped up so many sources of revenue.
Explanation:
