Capitalism & The Internet
Profitable trading; commercialism.
Mercantilism is economic nationalism for the purpose of building a wealthy and powerful state. This system dominated Western European economic thought and policies from the sixteenth to the late eighteenth centuries. The goal of these policies was, supposedly, to achieve a “favorable” balance of trade that would bring gold and silver into the country and also to maintain domestic employment.The econominac theory that trade generates wealth and is stimulated by the accumulation of profitable balances, which a government should encourage by means of protectionism.
An economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state.
The moral justification of capitalism does not lie in the altruist claim that it represents the best way to achieve ‘the common good.’ It is true that capitalism does—if that catch-phrase has any meaning—but this is merely a secondary consequence. The moral justification of capitalism lies in the fact that it is the only system consonant with man’s rational nature, that it protects man’s survival qua man, and that its ruling principle is: justice.
What is the Columbian Exchange? The Columbian Exchange is the term used to describe the flow of ideas, people, plants animals, technology, and disease that took place because of Columbus' discovery of the New World. The starting point of the Columbian Exchange is 1492.
Pros/Cons Of Internet
- Many many places to make trades
- Keeps advancing Daily
- Keeps Everyone in Touch
- Many Hackers
- Cant always be dependable
Pros/Cons of Colombian Exchange
- Easy way to be get things you need
- Helped increase food production
- Diseased traveled fast
Pros/Cons of Mercantilism
- Encourages Trade
- Reduces Unemployment rates
- Risk of bad Stuff
- Quite insignificant
Pros/Cons of Capitalism
- Economic freedom helps political freedom
- Economic growth
- Private Owner ships