Chile’s economy is considered to be one of the strongest in Latin America while Venezuela’s economy is declining. The World Bank ranked Chile as high-income economy while Venezuela is considered to be one of the worst economies. Chile has good economic policies that enabled the growth. Chile’s economy is well-managed while Venezuela’s economic policies were unsound. Venezuela’s resources were mismanaged. The decline of Venezuela’s economy was due to various factors like political instability, food crisis and money devaluation among other.
Answer:
a
Explanation:
I remember it from my history class today, wow school really does teach you stuff.
Answer:
The answer is D. Good luck
Explanation:
Answer:
Spanish contact with the New World drives the development of capitalism in Europe.
Explanation:
Capitalism came during the 17th century when merchants became involved in the production of goods by supplying materials. Spanish involvement in the New World has started markets in Europe, which has led them to earn wealth for their empire.
Encomienda is a system of acquiring labours. It introduced by Spanish in America during the colonizing. The purpose was to enslave Native Indians and used them as a labour source. Native Americans were captured and put into works in sugar plantation and mines. Many of them died from disease, beatings, and hunger. The encomienda system begin in several areas, most Peru (Inca Empire) remain most vital for Spanish colonizers. Many Native Peruvians (Incas) forced to work in mines for weeks at a time, which led to the death of thousands of them.