Louis XIV<span> formally revoked the Edict of Nantes and deprived the </span>French Protestants<span> of all religious and civil liberties. Within a few years, more than 400,000 persecuted </span>Huguenots<span> emigrated—to England, Prussia, Holland, and America—depriving France of its most industrious commercial class.</span>
"B. The capitalist<span> system encourages competition among businesses"</span> is correct. Capitalism, although it definitely has flaws, encourages competition because in theory the person or company with the best idea makes the most money.