Answer:
Mercantilism was an economic system of trade that spanned from the 16th century to the 18th century.Mercantilism is based on the principle that the world's wealth was static, and consequently, many European nations attempted to accumulate the largest possible share of that wealth by maximizing their exports and by limiting their imports via tariffs.
Explanation:
Answer:
Both the statements are correct about the concept of 'per capita income'. It means same even if it is calculated at the NDP, GNP and NNP levels. It is just an average and hardly says anythings about the real level incomes of the individuals.
C he was impeached because of lying and stealing.
One of the main factors leading up to the Civil War was territorial expansion into places like Arizona and Texas, with the question being whether these new states would be free or slave. It was in Arizona's interest to side with the slave states.