Mercantilism in Great Britain consisted of the economic position, in order to increase its wealth, its colonies would be the supplier of raw materials and exporter of finished products. Mercantilism brought about many acts against humanity, including slavery and an imbalanced system of trade
Answer:
because the United States is the number 1 country in the world in the military field, therefore America needs oil resource to drive vehicles like tank, battleship, and plane
Answer:
Settlement
Explanation:
Under the settlement options for life insurance, payment of the maturity amount entitled to the policy holder in paid in installments rather than a lump-sum. This payment is always done over an agreed period of time.
Answer:
People tend to make systematic and predictable mistakes in their thinking. These mistakes are called biases.
Explanation:
Humans are not perfect decision makers. Everyday humans make numerous decisions and try their best to be rational. But many times, our cognitive limitations prevent us from doing so. In systematic and predictable ways, we do drift away from perfection. Even if we take each step properly to make a decision by first defining the problem, then thinking of alternatives for the solution and then take a decision, one is bound to get affected by cognitive thinking. Such mistakes that humans make are called biases. They affect the judgement of even a very talented human being.
