Q. 1 Define the term “Mercantilism”. What are its salient features? Ans : - Mercantilism is an economic theory‚ thought to be a form of economic nationalism‚[1] that holds that the prosperity of a nation is dependent upon its supply of capital‚ and that the global volume of international trade is "unchangeable". Economic assets (or capital) are represented by bullion (gold‚ silver‚ and trade value) held by the state‚ which is best increased through a positive and healthy balance of trade with other
Premium French Revolution Louis XVI of France
times for Britain. Revolution overthrowing the monarchy in France caused working-class civilians in Britain to entertain the idea of revolutionizing. This‚ among other aspects such as the war with France and food supply‚ meant that Britain‚ led by Pitt‚ had to fight off the threat of revolution. It would be a fair statement to make that although Great Britain had big enough threats and factors for revolution to actually happen‚ the threat lacked a certain spark that could have ignited the revolution
Premium United Kingdom British Empire England
A great success in the stud‚ he sired 172 winners of £61‚971 and three cups. His offspring included Champion‚ the first horse to win both the Derby and the St. Leger Stakes (in 1800); Waxy‚ who won the Derby Stakes in 1793 and ten other races (and later became the sire line’s principal progenitor). Others were Asparagus (1787); Tyrant (1799‚ Derby winner); Parasol‚ who won many races and was a dam of Classic winners; and Mandane‚ dam of Manuella (1812 Oaks
Premium Generally Accepted Accounting Principles Investment Cash flow
corps and went to school when he was 14 years old. Adams accompanied diplomat Francis Dana to Russia‚ serving as his secretary and translator in the year of 1781. He then traveled to Paris as his father’s secretary‚ debating the Treaty of Paris in 1783. At the same time‚ he attended school in Europe and became really fluent with French‚ Dutch‚ and German. He returned home and entered Harvard College in 1785 and graduated in 1787. He then became a practicing attorney
Premium United States United States Declaration of Independence Thomas Jefferson
Fugitive Slave Laws were passed. Some people tried to fight slavery by holding groups or by having an escape route for slaves. However there were some people that saw slavery as no problem because of their belief and even states had slavery debates. In 1793 congress passed the Fugitive Slave Laws. This law allowed the return of slaves that escaped to their area. With this law came another with rules like if someone was caught helping slaves escape there would be fined and runaway slaves were banned to
Premium Slavery in the United States American Civil War
US HISTORY UNIT 1 CHAPTER 1 SECTION 1 Assessment (page 15) 1. TERMS & NAMES: For each term or name‚ write a sentence explaining its significance. -nomadic -Pueblo -Kongo -Reformation -Aztec -Iroquois -Islam -Renaissance -Anasazi -Benin -Christianity 2. MAIN IDEA: In two or three sentences describe how America before Columbus was affected by trade and commerce. 3. CRITICAL THINKING: Why DO YOU THINK other European nations lagged behind Portugal in overseas exploration
Premium United States Americas Indentured servant
George Washington was the dominant military and political leader of the new United States of America from 1775 to 1799. He led the American victory over Britain in the American Revolutionary War as commander in chief of the Continental Army in 1775–1783‚ and he presided over the writing of the Constitution in 1787. As the unanimous choice to serve as the first President of the United States‚ he developed the forms and rituals of government that have been used ever since‚ such as using a cabinet system
Premium George Washington United States American Revolutionary War
Peale Paxton Revolt Regulator Protests Phyllis Wheatley Essay Area: Be able to discuss American colonial society as it existed in 1750 in terms of: 1. social structure 2. ethnic background 3. religion 4. education Chapter 6: William Pitt Treaty of Paris 1763 Pontiac’s Rebellion Proclamation of 1763 Samuel de Champlain Albany Congress 1754 Battle of Quebec Battle of Louisburg Essay Area: Be able to discuss England’s gradual establishment as the dominant power in the
Premium American Revolution Samuel Adams American Revolutionary War
and Military Leaders A. American Political Leaders 1. George Washington‚ Thomas Jefferson‚ John Adams 2. Alexander Hamilton‚ Benjamin Franklin‚ and James Madison 3. Various others B. British Political Leaders 1. King George III 2. William Pitt the Elder‚ Lord North 3. Edmund Burke‚ Lord George Germain C. American and French Military Leaders 1. George Washington 2. Nathanael Greene‚ Benedict Arnold‚ Marquis de Lafayette 3. Richard Montgomery‚ John Paul Jones‚ Daniel Morgan‚ and William
Free American Revolutionary War American Revolution George Washington
Political Ideas of the Enlightenment Enlightenment has long been hailed as the foundation of modern Western political and intellectual culture. The authors of the American Declaration of Independence‚ the United States Bill of Rights and the French Declaration of the Rights of Man and of the Citizen were motivated by Enlightenment principles. Important Political Enlightenment Thinkers John Locke (29 August 1632 – 28 October 1704)‚ widely known as the Father of Liberalism was an English philosopher
Premium John Locke Jean-Jacques Rousseau Political philosophy