How did the first capitalist ventures differ from the business practices of medieval guilds?

A) As trade routes developed to distant markets, capitalist industries began to produce surpluses of goods.
B) Global warming led to increased population, creating more consumers and thus stimulating the need for more goods.
C) Guilds regularly oversaturated their markets, leading to economic hardship.
D) Capitalist ventures understood that the goal of an isolated community is self-sufficiency.
E) Increased opportunities to trade removed workers' motivation to produce surpluses.


Answer: A

History

You might also like to view...

Who was Richard Nixon's most influential foreign policy advisor?

A) Gerald Ford B) William Westmoreland C) Henry Kissinger D) H. R. Haldeman

History

New immigrants typically settled

a. on small farms. b. near factories where they could find employment as skilled laborers. c. in southern towns, where there were labor shortages due to the reliance on agriculture. d. in neighborhoods with populations of similar background.

History

All of the following Mesopotamian cultural elements were retained by the Hebrews except ______________.

A. an epic about a hero found cast adrift as an infant B. a legend about a flood C. laws including the concept of "an eye for an eye" D. a base 60 mathematical system E. descriptions of ziggurats

History

Ferdinand von Zeppelin's dirigible airship was kept aloft by the incorporation of bags filled with _________ gas and powered by two 16-horsepower engines.

a. Nitrogen. b. Helium. c. Hydrogen. d. Petroleum.

History