Mercantilism was an economic theory and practice, dominant in modernized parts of Europe during the 16th to the 18th century,[1] that promoted governmental regulation of a nation's economy for the purpose of augmenting state power at the expense of rival national powers. It was the economic counterpart of the previous medieval version of political power: divine right of kings and absolute monarchy.[2] Mercantilism includes a national economic policy aimed at accumulating monetary reserves through a positive balance of trade, especially of finished goods. Historically, such policies frequently led to war and also motivated colonial expansion. Mercantilist theory varies in sophistication from one writer to another and has evolved over time. High tariffs, especially on manufactured goods, are an almost universal feature of mercantilist policy. Other policies have included
Answer:
Matter cannot be created nor destroyed so cycle
Explanation:
In the past, developmentalists believed that human intelligence is Static, whereas now it is commonly understood that intelligence is malleable.
Human intelligence:
- The capacity to learn from experience, adapt to novel circumstances, comprehend and manage abstract concepts, and apply information to influence one's surroundings are all components of human intelligence.
- Humans are cognitively capable of learning, forming concepts, understanding, applying logic and reason, as well as the capacities to recognize patterns, plan, innovate, solve problems, make decisions, retain information, and use language to communicate. These abilities are all a part of intelligence.
- Humans are often regarded as the most intellectual species on the planet; humans possess large brains that are superior to those of other animals in terms of processing speed and cognitive ability. In actuality, during millions of years of evolution, humans have demonstrated a tremendous growth in brain size and intelligence.
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This working out of Li is especially important in what Confucianism holds as the Five Key Relationships; they are the relationship of ruler to subject, father to son, husband to wife, elder to younger and friend to friend. If one follows the concept of Li, each of these relationships will be marked with harmony.
Hope I helped, it should be correct cuz I studied this before!