Answer:
D. Competition leads to efficiency.
Explanation:
Mercantilism was a set of practices that aimed to strengthen the wealth of European states, by establishing a strong trade and expanding the economy resulting in the promotion of the enrichment of the bourgeoisie that could pay more taxes.
During this period of time, sea expeditions were heavily influenced to find new markets for local trade, the sense of economic competition between countries also began, which promoted a better quality of products to be stipulated. In this way, it was believed that competition was driving the efficiency of production processes.
1.Laws controlling monopolies,
2.The Clayton Antitrust Act,
3.The Federal Trade Commission
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New Netherlands: Population
- Dutch, Germans, Scandinavians, French, African Americans (both free and enslaved), and Europeans lived in this area.
- One-fifth of New Netherland's population could be traced to African ancestry.
- Believed in equality, cooperation, and religious tolerance.
-The Dutch did partake in fights with the Natives for land and trade.
Pennsylvania: Population
- Quakers were harrassed by Anglicans and Puritans for believing in Gods "inner light".
- People were friendly towards everyone they met. Expecting the same respect in return.
- At first, many people weren't coming to the new colony. As a solution, Penn brought in different immigrants from all over western Europe to help create a profitable colony.
- Thousands of Germans brought craft and farming skills.
- The colony included traders, farmers, builders, and immigrants.
- Unlike Penn's wishes, Quakers owned slaves.
