Author Question: What was mercantilism? A) An economic theory carefully elaborated by Adam Smith in The Wealth of ... (Read 83 times)

Destiiny22

  • Hero Member
  • *****
  • Posts: 557
What was mercantilism?
 
  A) An economic theory carefully elaborated by Adam Smith in The Wealth of Nations
  B) The theory that a nation's power was measured in its wealth; to maximize wealth, a country would need to export more than it imported
  C) A colonial American policy of trading primarily with England in order to strengthen political and economic ties
  D) A theory of business organization in which merchants formed joint stock companies to pool their capital
  E) The belief that the most effective way to escape from the Long Depression was to increase imports of agricultural goods

Question 2

Which of the following statements about Georgia is not correct?
 
  A) It was supposed to flourish by exporting expensive commodities such as wine and silk.
  B) For a time it was the only English colony where slavery was forbidden.
  C) It was created in part from land bought from the Creek Indians.
  D) In its first decade, half of Georgia's immigrants came from Germany, Switzerland, and Scotland, and most had their overseas passage paid by the government.
  E) It was populated by large numbers of shiftless debtors who otherwise would have had to rot in jail.



joechoochoy

  • Sr. Member
  • ****
  • Posts: 306
Answer to Question 1

B

Answer to Question 2

E



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Patients who cannot swallow may receive nutrition via a parenteral route—usually, a catheter is inserted through the chest into a large vein going into the heart.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

For a complete list of videos, visit our video library