capitalism .VS. mercantilism
& the Colombian exchange
What is mercantilism?
Mercantilist - Belief in the benefits of profitable trading monopolized market with banned exporting of gold and silver. Mercantilist writers have emphasized the circulation of money and rejection hoarding, The motherland would take gold silver or food and trade it for finished goods mercantilist would keep gold and silver in the country and pay taxes or the army and made the country much richer.
what is a capitalist
Capitalism- is the practice of making product personally to make profit still used today a the term capitalist is used for people who own large business and practice capitalism.
Dominant in Europe from the 16th to the 18th it was the practice of economic theory used to save up to a high economic status.It stayed undeveloped because of religious belief caused money to be frowned uponcapitalism .VS. mercantilism
columbian exchange
The internet
or ebay
pros and cons capitalism and mercantilism
individual businesses stays small
brings wealth to country
dosent corrupt
cons
only the rich can start a business
only export goods for material
capitalism
anyone can start a business
many exist in the new world
cons
corruption is very common
outsourcing is common
cares about money more than anything else
pros and cons Colombian exchange vs the internet
much wider varieties of product \
can buy almost anything
essayer access
less labor and hassle
cons
scams
hackers
and products not being real
Colombian exchange
many ideas were taken
and mass discovery
cons
ended in blood
ruined an entire race
made the natives slaves