Author Question: Forming trading companies was the most profitable way to conduct trade in the 1700s because ... (Read 59 times)

ericka1 · **on:** Sep 4, 2018

Forming trading companies was the most profitable way to conduct trade in the 1700s because __________.

a. they were private enterprises made up of members from many countries which gave them the ability to expand their trade globally
b. they paid fewer taxes than independent traders
c. they were given trade privileges and military protection by the state which chartered them
d. they were strongly protected by the world's great navies

Question 2

In 1873 a depression which was felt throughout the industrialized countries of the world showed that growth and expansion of capitalism could only continue __________.

a. by forcing China to reopen trade with Europe and the Americas
b. by building more efficient factories and decreasing the need for human labor
c. by expanding into and colonizing previously untouched areas of the world
d. with the plundering of the environment