Martin Luther and Henry Vll lived at the same time as William Tyndale.
I honestly don’t know, I don’t research things that don’t influence or help me directly.
“Principles of mercantilism are that the government must encourage exports that will bring in more gold or silver and discourage imports.
Also, manufacturers should be the choice for exports because increased value from labor and monopoly will occur.”
Answer:
Monopolies are bad for the economy because lack of competition allows a few to set prices, stagnate competition.
Explanation:
How did the rich take advantage:
The rich had ready capital to either buy out smaller competitors or drive them out with undercut prices until the competitor failed, then prices to consumer went back up even higher.
It happened in the early industrial revolution: Rockefeller/Standard Oil,
Carnegie and JP Morgan= Steel industry
Still going on today, especially in the tech arena.
Able to manipulate what we buy, the way we think, etc.
We need to be responsible, situationally aware consumers.
Answer: I think the answer is Riverbed. Let me know if I'm right or not.
