Compare and contrast the European mercantilist and capitalist systems

What will be an ideal response?


ANSWER:
Mercantilism comprised the policies used by European states to promote overseas trade and defend national interests. Capitalism grew as an internal European system that involved the management of large financial resources through banks, stock exchanges, and trading companies. Mercantilist policies that supported capitalism included chartered companies, tariffs, and trade laws. The largest capitalist overseas investments were in the sugar plantations of the Caribbean. To defend their West Indian plantation colonies from other countries, European states used military actions as well as protective laws.

History

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What do the patterns of the internal slave trade in the first half of the nineteenth century suggest?

A) that there was a strong and growing demand for slaves in the Upper South B) that demand for slaves in the Lower South was in decline C) that there was a strong and growing demand for slaves in the Lower South D) that demand for slaves was equally strong in the Upper and Lower South

History

All of the following are features of the Hebrew religion except

A) respect for other religions and the freedom of the individual conscience. B) a covenant between YHWH and the Hebrews. C) an enormous amount of legal material. D) a sacred, national history. E) the belief that the Hebrews are the chosen people of God.

History

American prosperity in the early 1800s was based on ________

A) an industrial economy B) manufacturing C) monetary supplies D) agriculture and commerce E) the slave system

History

How was Eustache Deschamps typical of his generation?

A) His life was ruinously affected by the plague and the Hundred Years' War, and he found no support in religious organizations. B) He suffered famine and was forced to serve in the crusades, and was then re-directed in an attack on Constantinople. C) He lived in Vienna when it was attacked by the Mongols, who burned his home and killed his family. D) In spite of the trials he suffered, Deschamps was optimistic that a new era was about to dawn. E) In spite of his hardships, Deschamps recognized that Western civilization had demonstrated powerful resilience.

History