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kati45 [8]
3 years ago
7

How did the Industrial Revolution take us from Mercantilism to Communism?

History
1 answer:
igor_vitrenko [27]3 years ago
4 0

Answer:

The Industrial Revolution is one of the most significant events in all of world history and had a profound impact on the modern world.  It began first in Britain in the 1700s but soon expanded to the rest of Europe and North America.​  When discussing the economics of the Industrial Revolution it's first important to recognize that the early years of the Industrial Revolution were based on the principles of capitalism while the later years introduced more socialist beliefs.

Explanation:

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Drag the tiles to the correct boxes to complete the pairs,
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1- Higher interest rates in a country --- More foreign investment in a country

2- Higher currency value  --- Decrease in exports

3- Lower currency value  --- Increase in exports

4-  More people adopting foreign clothing styles --- Cultural imperialism

5-  decrease in exports -> lower currency value

6-  more foreign investment in a country  -> higher interest rates in a country

7-  cultural imperialism  -> more people adopting foreign clothing

8-  increase in exports -> higher currency value

Explanation:

1- The higher the interest rates in a country, the greater the benefit that it pays to foreign investments; therefore, at a higher interest rate, more foreign investment in that country.

2- The higher the valuation of the currency in a country, the less competitive the currencies of the other countries. Therefore, the higher the value of the currency of a country, the lower the amount of exports, since the rest of the currencies would lose purchasing power.

3- The lower the valuation of the currency in a country, the more competitive the currencies of the other countries will be. Therefore, the lower the value of the currency of a country, the greater the amount of exports, since the rest of the currencies would gain purchasing power.

4- Cultural imperialism refers to all forms of ideological imposition developed through the media and other forms of cultural production in order to establish the values of a dominant society in a certain peripheral or dependent society.

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3 years ago
What happened during the embargo act of 1870 and included 3 reasons why the event was important during Jefferson’s presidency.
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Answer:

Embargo Act (1807), U.S. President Thomas Jefferson's nonviolent resistance to British ... ships on the grounds that he was assisting Jefferson in enforcing the act. ... activity has been studied extensively, including the reasons for regulation and ... and the specific management problems that occur in the course of its lifetime.The logic behind the embargo was that cutting off all trade would so severely hurt the economies of Britain and France that the seizures at sea would end. Unfortunately, Jefferson miscalculated--the embargo harmed the American economy far more than the economies of Britain or France.President Thomas Jefferson hoped that the Embargo Act of 1807 would help the United States by demonstrating to Britain and France their dependence on American goods, convincing them to respect American neutrality and stop impressing American seamen. Instead, the act had a devastating effect on American trade

Explanation:

I'm Sorry, that's all i know about that event. But hope this helps:)

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