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katovenus [111]
3 years ago
8

Which statement best illustrates Siddhartha Gautama’s view toward wealth?

History
1 answer:
34kurt3 years ago
3 0

The BEST answer is:

d. Gautama believed that he could best help others by giving up his wealth.

While there certainly is truth to answer C (as selected by the other respondent), Siddhartha Gautama's view toward wealth was more than a passive realization that it did not bring happiness. Even more so it was an active view that translated into action, giving up one's wealth to benefit others. He said of wealth, "A kind man who makes good use of wealth is rightly said to possess a great treasure; but the miser who hoards up his riches will have no profit."

Siddhartha Gautama is known as "The Buddha" (the "Enlightened One"). The details about his life history are debated by scholars, but we know the historical personage of Siddhartha Gautama as a teacher in ancient India around the 5th or 6th century BC. Buddhism is patterned after his teachings.

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Parliament's decision to regulate transatlantic commerce with its American colonies was motivated by mercantilism. All shipments to or from British North America had to be made on British ships, and any shipments bound for Europe had to first arrive in Britain in order to be taxed there. Only to Britain might certain products be shipped.

Concept(s):

  • Mercantilism

- Mercantile system, a system or political and economic policy, evolving with the modern state and seeking to secure a nation's political and economic supremacy in it's rivalry with other states. According to this system, money was regarded as a store of wealth, and the goal of a state was the accumulation of precious metals, by exporting the largest possible quantity of its products and importing as little as possible, thus establishing a favorable balance of trade.

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<em>What is the connection between mercantilism and colonialism?</em>

Colonialism was viewed as an outgrowth of mercantilism in the 18th century. According to marchantilism, every nation should make an effort to increase exports while reducing imports. The purpose of colonies was to complement the goods that the colonizer could generate on its own.

All trade related to colonialism was mandated by the British, in particular, to go via England. Colonial traders were not permitted to make direct purchases or sales from suppliers or to any foreign clients. Additionally, colonists were not permitted to directly sell things made in the home nation. The British saw the entire empire as a closed system. The American colonists were aware that they were paying more for their purchases and receiving less money for their sales. This was one of the triggers for the American Revolution.

Even though the Americans prevailed in their battle, the mercantilist concept persisted. Until the European colonial system collapsed after World War II, every major imperialist power made an effort to prevent other countries from stealing resources from its colonies and mandated that colonialists be supplied by the home country in some way.

Thank you,

Eddie

4 0
2 years ago
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