The characteristic of the economic theory of mercantilism is that, exports should be encouraged over imports. The economic theory of mercantilism's main aim is to establish a powerful and wealthy state. Mercantile system is a kind of economic system that seeks to enrich a country be prioritizing and encouraging exports over imports.
1. B
2. ( No Access of the Passage)
3. ( No Access of the Passage)
4. ( No Access of the Passage)
5. ( No Access of the Passage)
Answer:
Factors of production are the resources people use to produce goods and services; they are the building blocks of the economy. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.
Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations make choices about how to allocate resources.
In a mixed economic system, most economic decisions are made by consumers or sellers, but some economic decisions are made by the government, such as those dealing with safety regulations, infrastructure (e.g., roads), education, military spending, and certification and business licensing.
Money helps to facilitate trade. Money is a medium exchange because buyers and sellers agree to its common value. Money can lose its value during periods of hyperinflation, when too much money is dumped into an economy.
Explanation:
please mark this answer as brainliest
The scientific study of behavior, mental processes, and brain functions is called<u> "Psychology".</u>
Psychology is the logical investigation of the psyche and conduct. Brain research is a multifaceted control and incorporates many sub-fields of concentrate such territories as human improvement, sports, wellbeing, clinical, social conduct and subjective procedures.
Psychology is extremely another science, with most advances occurring in the course of recent years or somewhere in the vicinity.
