The difference between mercantilism and feudalism is that under mercantilism:
A. the invisible hand played a more important role than the government.
B. nation-states ruled by kings who coordinated the economic activity emerged.
C. economic rather than social and political forces made the central economic decisions.
D. merchants played a more important political role than kings.
Answer: B
You might also like to view...
In 1991, Argentina decided to peg its currency (the Argentinean peso) to the U.S. dollar. Most of Argentina's trading, however, was with Brazil and Europe, not the United States. What result would pegging the Argentinean peso to the U.S
dollar have on the cost of imports from and exports to Brazil and Europe?
The Preview discusses the choice of going to college or not. Use the internet to examine educational attainment by race, Hispanic origin, and gender. The table of contents and data found in the Statistical Abstract of the United States. Click on the tables for Education Attainment. Use the data in this table to create a graph
Plot the percentage of each group that had 4 years or more of college on the vertical axis. Plot the year on the horizontal axis. Questions
- Which group has the highest percentage with 4 or more years of college?
- What could explain the difference between males and females?
- Which two races have the greatest differentials between males and females in educational attainment?