How was mercantilism the greatest contributor to its decline??

1 answer:

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Mercantilism was an economic theory and practice, dominant in modernized parts of Europe during the 16th to the 18th century,[1] that promoted governmental regulation of a nation's economy for the purpose of augmenting state power at the expense of rival national powers. It was the economic counterpart of the previous medieval version of political power: divine right of kings and absolute monarchy.[2] Mercantilism includes a national economic policy aimed at accumulating monetary reserves through a positive balance of trade, especially of finished goods. Historically, such policies frequently led to war and also motivated colonial expansion. Mercantilist theory varies in sophistication from one writer to another and has evolved over time. High tariffs, especially on manufactured goods, are an almost universal feature of mercantilist policy. Other policies have included

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A change in perspective can result in a big a positive but it also has its own challenges when responding to one's views. Through the act of engaging in different opinions and different ideas, and shifting one's perspective along with others, one can learn.

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Is the English bill of rights a limited government or unlimited government

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Which of the following statements is NOT true? A. The factor weighting approach does not involve subjective judgment. B. The fa

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Answer:

A. The factor weighting approach does not involve subjective judgment.

Explanation:

The answer is

A. The factor weighting approach does not involve subjective judgment.

The factor weighting approach is also known as Weighted Factors Analysis. It is an approach for representing and manipulating a given problem.

A weighting factor approach does not involve a subjective judgement but represents a strategic level and high level problem.

Thus the answer is

A. The factor weighting approach does not involve subjective judgment.

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Explanation:

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