Answer:
D. Competition leads to efficiency.
Explanation:
Mercantilism was a set of practices that aimed to strengthen the wealth of European states, by establishing a strong trade and expanding the economy resulting in the promotion of the enrichment of the bourgeoisie that could pay more taxes.
During this period of time, sea expeditions were heavily influenced to find new markets for local trade, the sense of economic competition between countries also began, which promoted a better quality of products to be stipulated. In this way, it was believed that competition was driving the efficiency of production processes.
Answer:
be appointed by the Governor
be elected into office
Explanation:
The role of the State treasurer is to oversee the financial activities which includes the revenue, expenditure and budget preparation of the State.
The State treasurer can be elected or appointed. The treasurer is elected in thirty six of the states in the United States and appointed in twelve(12) of the states. The governor appoints the treasurer in 8 states while the legislature appoints the state treasurer in 4 states totaling 12.
The state treasurers don’t need approval by the Senate or House.
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