The mixed market has many people while the market economy doesn’t have the same
The slave trade grew rapidly during the exploration and exploitation of the Americas due to the demand for cheap labor.
The age of exploration resulted in European countries establishing permanent settlements in different parts of the New World. When establishing these settlements, the explorers encountered new goods and products that would become extremely valuable in European society. In order to maximize their profits on these goods, the colonizers needed a lot of labor. This resulted in several deals made between European leaders and African leaders who were willing to sell their own people into slavery.
The system of slavery would allow for cheap labor and a huge increase in profits for several European countries.
Answer:
Option: C. Confucius
Explanation:
Confucius was a famous Chinese philosopher who introduced Confucianism based on living life with ethical, moral, and social standards. Confucianism was the foremost Chinese teaching. According to Confucius, the government should rely on education and learning to govern rather than taking bribery.
was followed by significant American concessions at Potsdam.
