Italy is in Europe. Anything else you need to know?
"WE THE PEOPLE" Popular sovereignty or the authority of the people referenced in the Preamble of the Constitution - This principle states that government power comes from the consent of the governed (the citizens). One is example of popular sovereignty is the election of representatives and senators in which the citizens hold the vote to elect the legislatures the citizens favor.
Mercantilism, the country needs a favorable balance of trade so it exports more than it imports goods. The mother country would import manufactured goods to the colony exporting raw materials in exchange. For example the Columbian exchange exported new foods and crops from the Americas such as maize, tobacco, sugar, cotton and potatoes. Horses were brought from Europe and introduced to the Native American people. For example: the Lakota mostly hunted buffalo and this practice was improved with the introduction of horses.
Hope this helps
Nominal GDP is the market value of goods and services produced in an economy undigested for inflammation. Real GDP is nominal GDP, adjusted to reflect changed in real output. The main difference between nominal GDP in real GDP is the adjustment for implantation since nominal GDP is calculated using current prices it does not require any adjustments for inflation.
