Answer:
C. the transition to a market-based economy.
Explanation:
Mercantilism led to the creation of monopolistic trading companies, such as the East India Company and the French East India Company. Restrictions on where finished goods could be purchased led in many cases to burdensome high prices for those goods.
Answer:
The answer is C
Explanation:
I just took the test and got it right!!!
Answer:
Scarcity increases.
Explanation:
The “ scarcity increase” is the correct answer because the surplus in trade refers to the situation when the export of a country is greater than the import. Thus, when the export will be more, that means the supply is more and to supply more, the firms will use more inputs and raw materials. Since the resources are limited so increase in the use of raw material will increase the scarcity.
Answer:
John Locke.
Explanation:
John Locke is a British philosopher who lived in exile in the Netherlands from 1683 to 1688, his first finished work there was "An Essay Concerning Human Understanding", which addressed human knowledge topics, related to empiricism views.
Later in the book "The Second Treatise of Government" he argues against the Divine Right of Kings doctrine, which people were born in a condition that due to God subservience they should accept the social hierarchy and be obedient to their authoritarian Kings, as they were God’s representatives in earth.
Locke advocates that humans were free and decided because of natural laws to join together as in a social contract and to give part of their rights to a government, but keeping some rights, questioning the legitimacy of absolute power. He defends the sovereignty of the people and argues about legitimacy of government by decision and reasoning, opposing to legitimacy of power taken by force or violence.
