The correct answer is C) Capitalism developed as an alternative to inefficient mercantilist policies, but it drew criticism for increasing the gap between the rich and poor.
Mercantilism and capitalism are two very different economic systems. Mercantilism is a system which relies on one country developing a favorable balance of trade and obtaining valuable resources from a colony. This was the system used when America was still controlled by Great Britain.
As America gained independence, they focused on developing a more capitalist society. This society is based on individual freedom, as citizens can decide what they buy. Along with this, American businesses and citizens are not forced to trade with one specific country.
Which of the following is consistent with the law of supply:
1. The price of a good falls and its supply decreases.
2.The price of a good rises and its quantity supplied decreases.
3.The price of a good rises and its supply increases.
4.The price of a good rises and its quantity supplied increases.
As the price of a product goes down, the quantity supplied goes up. As the price of a product goes up, the quantity supplied goes down. As the price of a product goes down, the quantity supplied goes down. As the price of a product goes up, the quantity supplied stays the same.
School is important because you grow educationally and mentally and it prepares you for your own future
Answer:
The most fundamental element of the Gothic style of architecture is the pointed arch, which was likely borrowed from Islamic architecture that would have been seen in Spain at this time. The pointed arch relieved some of the thrust, and therefore, the stress on other structural elements.
Explanation:
