Answer:
the answer is c just took the test and got it right
Explanation:
Answer:
Sumer was responsible for many inventions and important contributions to inventions of both the time and today. However, Sumerian city-states often fought with each other. They went to war for glory and more territory. This power - hungry people build walls to protect from invading armies looking to loot, pillage, and grow wealthy. The walls surrounded each city - state, closing them off from the rest of Mesopotamia. This lead to isolation, and more war. The city - states were constantly in a state of unrest.
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Answer:
In the American civil war (1861-1865), Virginia and the other few states seperate themselves from the union. People of Virginia were on the confederates side. As the confederates lost the battle against the union, Virginia lose its infulence.
Answer:
1. C
2. B
3. B
Explanation:
Capitalism in economy, also known as <u>market economy,</u> refers to a system where both supply and demand are followed and it is based on both of these that decisions are made.
Businesses follow the demand of individual citizens. <u>The greater the demand, the bigger the opportunity for profit</u> and businesses can then raise the prices. <em>An insufficient supply creates tension and allows businesses to profit</em>.
Mercantilism is an economic policy, which characterizes those countries who strive to depend on their own wealth. This means that <u>export should be preferred to import</u>, and it is in the government best interest to increase the amount of gold stored in national treasury.
<em>Mercantilism is considered a command economy as everything is strictly regulated, from production to consumption.
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Adam Smith was a Scottish philosopher and the first one to theorize the modern day capitalism. In 1776, the time of the industrial revolution, he published his work <em>An Inquiry into the Nature and Causes of the Wealth of Nations,</em> where he offered a description of the economics.
It was this work that inspired the modern day capitalistic economy and <u>Smith is considered the father of capitalism.
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