political changes

Question 1

Capitalism

Answer 1

• Introduced by Adam Smith
• an economic system in writing about country trade and that industry’s are controlled by Pirates owners for profit rather than by the state

Question 2

Mercantilism

Answer 2

• government control

- an economic practice by which governments use the economies to argue state power at the expense of other countries

Question 3

Jan stock companies

Answer 3

• Allowed investors to buy and sell shares a business owned collectively by its shareholders

Question 4

Putting out systems (pomestic system)

Answer 4

• Enterprise Merchants delivered raw materials to workers then the workers transform them into finished products where they would later get picked up. In exchange for profit